#比特币价格走势 The on-chain data is quite interesting. Old ETH chips below $400 are being cashed out again. Every time ETH breaks above $4000, these ancient whales come out to take profits, with the most extreme case being $10 billion in a single day. The key is that this pattern is very accurate—after chips escape, ETH generally hits a local top.

Currently, there are still 21 million old chips in circulation, which means that as the price continues to rise, there could be a new round of selling pressure at any time. For us, this is a warning signal—be cautious of large-scale cash-outs at high levels, don’t chase the hype, and take profits when possible.

For example, instead of waiting for influencers to call signals, it’s better to monitor on-chain data and find opportunities ourselves. The logic behind these ancient whales’ actions is simple: low cost → wait for appreciation → run at high levels. Our approach is similar: participate early in new projects, accumulate chips, and reduce positions when liquidity picks up. Don’t be blinded by short-term gains; the signal of old chips escaping is worth paying attention to.