BlockBeats News, January 1st, on-chain data analyst Murphy published an analysis indicating that ancient whales holding ETH with a cost basis below $400 have exhibited specific behavior patterns in this cycle. Currently, ETH held for 5 to 7 years has an average turnover cost of $378. Between 2024 and 2025, whenever ETH's price surpasses the $4000 mark, a large amount of ancient chips will realize profits and cash out. For example, in March 24, holdings held for over 5 years realized $600 million in profit in a single day, and in June, there was a massive profit escape of up to $1 billion. In September 25, holdings held for over 7 years, and in October, holdings held for over 10 years, all cashed out more than $500 million in a single day. After profit-taking by ancient chips, ETH invariably reaches a temporary peak. Since 24 years