For that many devices to all go unreachable at the same time I'd say it has to be an upstream issue. Were any changes made on the switches or upstream layer 3 devices or firewall(s)?
Also, I took a quick look at the Support case and your dashboard. I noticed from an online AP I can ping the mgmt IP of the APs showing as offline. So, to your point they are still up & functioning, but not communicating with dashboard.
Doing factory resets seems likely pointless to me as 120 devices don't all go bad at the same time. I'd focus on upstream troubleshooting (firewall logs, etc).
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