The old blue-chip tokens are showing signs of large-scale selling pressure, possibly indicating that funds are cashing out at high levels.

Approximately 1.495 million UNI (around $243 million) have concentrated into multiple exchanges in the past hour, involving multi-signature and market-making channels; prices have weakened in the short term, and the order book depth has shown a 'vacuum second'.

This is a typical 'turnover—repricing', which does not necessarily mean a trend reversal, but it will amplify volatility.

In contrast to Ethereum spot accumulation, this indicates an internal differentiation of funds in 'main chain congestion—second tier clearing'.

If Ethereum continues its strength, the relative strength of leading—ecosystem—tool type tokens will continue to differentiate; do not treat the entire market as one beta.