Ethereum whales have recently shown a clear divergence. An old whale holding positions for over 5 years recently significantly reduced their holdings, selling off 40,200 ETH in one go, with a transaction volume of up to $124 million. Meanwhile, on the other side of the market, another group of "smart money" quietly accumulated at the 3050 level, acting in remarkably coordinated moves. Even more interesting is that the Ethereum staking queue has recently surged, with the total staked amount breaking through $5.5 billion.

The logic behind this series of actions is worth pondering. What does the choice of the old whale represent? Is it a signal of a market top, or just a repositioning? And when prices are under pressure, some are still willing to buy, what are these latecomers' judgments based on? Does the growth in staking data indicate that someone is betting on a rebound after a dip? Whether the key support at 3050 can hold will determine the subsequent direction.