The ancient address that has been dormant for ten years re-emerges: 40,000 ETH transferred into the stake contract.

Early this morning, a wallet Address created during the Ethereum ICO period suddenly became active. On-chain data shows that the Address transferred 40,000 ETH—worth about $120 million—into a stake contract. This operation itself is quite interesting.

Buying and holding for ten years, the cost might be unimaginable low. Now, instead of cashing out, choosing to lock it in the stake pool? The logic behind this choice is worth pondering. Either there is a firm belief in the long-term value of ETH, or one is waiting for a bigger play.

For ordinary investors, this type of on-chain activity provides some reference dimensions. The flow of large funds often precedes sentiment, and changes in staking data can also reflect the confidence level of market participants. But the key is not to directly copy someone else's strategy into your own account—your cost basis, risk tolerance, and time horizon may be completely different from this Address.

The market is never short of stories. Some people bought and forgot ten years ago, only to wake up and find themselves financially free; while others chased the highs and lows and ended up with empty hands. What’s the difference? It might just be the level of commitment to their own judgment and whether they can stay steady in the face of volatility.

Data speaks, but the premise is that you must understand what it's saying.