1 week ago
Samson Mow, a well-known Bitcoin entrepreneur and founder/CEO of JAN3, warned that caller gains successful Ether could beryllium abbreviated lived arsenic immoderate investors determination profits backmost into Bitcoin.
According to his post, galore ETH buyers already clasp Bitcoin — often from ICOs oregon insider positions — and are rotating that BTC into ETH to thrust prices up.
He argued that erstwhile Ether reaches a precocious capable level, those aforesaid holders whitethorn sell, leaving a caller acceptable of buyers holding the bag.
“No 1 wants ETH successful the agelong run,” helium wrote, and helium called the selling unit adjacent large terms marks a “Bagholder’s Dilemma.”
ETH/BTC Moves Raise Questions
Based connected reports, the ETH/BTC ratio has jumped to astir 0.036 connected TradingView, up from a five-and-a-half-year debased of 0.018 successful April.
That emergence has travel portion Ether surged successful price; the token topped $4,310 successful precocious trading connected Sunday and posted a play summation of 21%.
Let maine explicate what’s happening with ETHBTC.
Most ETH holders person a batch of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it connected caller narratives (Ethereum Treasury co’s).
Once they’ve gotten it precocious enough, they’ll dump their ETH, creating caller generational…
— Samson Mow (@Excellion) August 10, 2025
Those numbers enactment Ether astir 10% from its 2021 all-time precocious of $4,880. For proponents of Bitcoin, those shifts look similar a rotation backmost to altcoins that could reverse erstwhile sellers instrumentality profits.
Some marketplace watchers work the aforesaid facts differently. They spot the caller ETH surge arsenic a bullish motion and expect a much analyzable cycle: Ether could deed a caller highest and spark a mini altseason.
After that, superior whitethorn travel backmost into Bitcoin until BTC reaches astir $140,000, earlier rotating again into Ether and different altcoins — a back-and-forth that has played retired successful past bull runs and makes a neat, one-way commercialized unlikely.
Flows, Use Cases And On-Chain Signals
Reports person disclosed that organization involvement and caller strategies are besides portion of the story. Nick Ruck, manager astatine LVRG Research, pointed to organization request and “strategy reserve plays” arsenic drivers down Ether’s ascent to $4,300.
According to Ruk, higher involvement has helped DeFi platforms assistance full worth locked. Staking, output tactics and burning of fees alteration proviso dynamics compared with earlier cycles, and those factors marque today’s rally antithetic from the ICO-era rotations Mow described.
Technical signals adhd different layer. Ether’s play candle closed astatine levels not seen since November 2021, which gives momentum traders thing to watch.
At the aforesaid time, Bitcoin dominance has slid by astir 10% since precocious June, showing superior has already shifted into altcoins successful caller weeks.
Those 2 trends tin coexist — beardown ETH momentum positive a still-present hazard that profit-taking volition trigger a reversal.
Featured representation from Unsplash, illustration from TradingView
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