#以太坊生态发展 Wait a minute, I just realized something from recent data—those big ETH holders who have held for 5-7 years, their cost basis is only $378? 🤯 Every time ETH surges to $4000, they cash out in large amounts, and then the price starts to decline... Is this really a pattern?

I'm a bit nervous now because I just bought some ETH myself, worried that I might have bought at the high. I want to ask the veterans—can this "ancient chips profit-taking signals a top" pattern be used to judge the market? Do those massive profit cash-outs in March and June 2024 (around $600 million to $1 billion) mean that was the risk point at that time?

Another issue that troubles me—currently, the ancient whale still holds 21 million ETH. What would happen if they all start to sell? Or have they already sold most of it, and what's left might not move again?

Can any experienced folks explain to newcomers how to interpret this kind of on-chain data? I feel this information is especially important for assessing risk 🥺