Ethereum whales, including prominent player Bitmine, have been actively accumulating ETH, with Bitmine recently adding 71,672 ETH to its reserves, now totaling 5.278 million ETH. Since early May, the top 100 ETH holders have collectively purchased over 140,000 ETH, indicating a trend of buying the dip as Ethereum's price fluctuates. Despite this accumulation, the current purchase volumes remain significantly lower than the sales seen at the end of 2025, when ETH prices plummeted from $4,700 to $1,800. The market remains uncertain, with Ethereum consolidating below key resistance levels between $2,360 and $2,400. Analysts are divided on future price movements, with some predicting a rebound to $1,800, while others foresee a rise above $3,000 by year-end.