BitMines Immersion has reported a $3.5 billion unrealized loss on its $14.6 billion Ethereum holdings as the cryptocurrency's price consolidates around $2,600. Despite some vaults selling off, major investors are capitalizing on the dip. Liquid Capital has added $1.72 billion in Ethereum to its portfolio and plans to purchase an additional $1 billion. Analysts suggest Ethereum is currently undervalued, with models estimating a fair value of $4,200, indicating a potential 45% upside.