3/8 of the buffer pool is devoted to the old sublist.
The midpoint of the list is the boundary where the tail of the new sublist meets the head of the old sublist.
When InnoDB reads a page into the buffer pool, it initially inserts it at the midpoint (the head of the old sublist). A page can be read because it is required for a user-initiated operation such as an SQL query, or as part of a read-ahead operation performed automatically by InnoDB.
Accessing a page in the old sublist makes it “young”, moving it to the head of the new sublist. If the page was read because it was required by a user-initiated operation, the first access occurs immediately and the page is made young. If the page was read due to a read-ahead operation, the first access does not occur immediately and might not occur at all before the page is evicted.
As the database operates, pages in the buffer pool that are not accessed “age” by moving toward the tail of the list. Pages in both the new and old sublists age as other pages are made new. Pages in the old sublist also age as pages are inserted at the midpoint. Eventually, a page that remains unused reaches the tail of the old sublist and is evicted.