Ephesians 1:7-10 (JDV)
Ephesians 1:7 In him we have redemption through his blood, the forgiveness of our violations,1 according to the riches of his favor
Ephesians 1:8 that he richly poured out on us with all wisdom and understanding.
Ephesians 1:9 He made known to us the mystery of his preference, according to his good intention that he determined2 to do in Christ
It seems that Paul is using sacrifice terminology here, but there are a few new twists. Most obviously, the blood being poured out is Christ’s blood, because only his death atones for our sins and redeems us. But notice also that the blood and forgiveness and favor is being poured out on us, not the altar. God is performing the sacrifice on our behalf. This is the gospel in Old Testament terms. Everyone in Christ benefits from this sacrifice.
God brought everything together by this one act of favor. He rebooted the universe at Calvary, and we are the beneficiaries of that caring act.