Oh, honey. Buckle up because Samson Mow-Bitcoin’s very own hype man-is here to tell us that Ethereum investors are about to become the *Carrie Bradshaw of crypto*: fabulous for a moment, then drowning in bad decisions and shoes no one needs. 👠📉
In between sipping his probably-overpriced coffee ☕, Mow took to X (formerly Twitter, but we don’t talk about that) to warn his 352,100 followers that ETH might be headed for a dumpster fire sale. Why? Because apparently, those “savvy” investors are just using Ethereum as their personal BTC piggy bank. 🐷💼
“Most ETH holders have a lot of BTC,” he says, dropping wisdom like it’s hot. “And they’re rotating that BTC into ETH to pump it on new narratives (hello, Ethereum Treasury companies 👋). Once they’ve juiced it dry, they’ll dump their ETH, creating generational bagholders faster than you can say ‘HODL.’ Then, they’ll rotate back into BTC.”
“No one wants ETH in the long run,” he adds, which feels like when your ex texts you after three years saying, “Just checking in!” Cool story, Samson. Plan accordingly-if by “accordingly,” you mean sobbing into your spreadsheet. 📊😭
But wait! Before Bitcoin holders start clutching their pearls, Mow reassures them not to panic. Apparently, Ethereum bottoming out against Bitcoin earlier this year was just part of its master plan to make everyone feel like they’re starring in an episode of Shark Tank. 🦈✨
“Ethereum has always been a vehicle for people to get more Bitcoin,” he explains, casually blowing our minds while eating popcorn. “It was true during the ICO craze, and it’s still true now.” So basically, Ethereum is the friend who helps you move apartments but secretly only came along to steal your snacks. 🍿💔
As for Ethereum breaking its all-time high of $4,900? Mow thinks that’s about as likely as me fitting into my high school jeans. “The closer you get to psychological levels, the stronger the urge to sell,” he warns. He calls this phenomenon “The Bag-holder’s Dilemma,” which sounds like a rejected plotline from The Office. It’s like the Prisoner’s Dilemma, except instead of confessing crimes, you’re debating whether to Sell or HODL. Spoiler alert: Most people choose wrong. 🚪💣
Currently, Ethereum is chilling at $4,253, down around 13% from its peak in November 2021. So yeah, maybe take Mow’s advice-or don’t. After all, what’s life without a little financial chaos? 💃🔥
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2025-08-12 21:45