Ethereum Holders Warned: Samson Mow Says “Last Chance to Sell Before Crash”

• Samson Mow warns ETH holders: “Sell now before crash hits.”
• $3.5B in Ethereum unstaking could flow directly into Bitcoin.
• U.S. confirms Strategic Bitcoin Reserve as BTC demand grows.

Ethereum investors have been issued a stark warning from Samson Mow, the CEO of JAN3 and a vocal Bitcoin supporter. According to him, those holding ETH are approaching their final opportunity to safeguard their funds before a potential market crash.

As Mow noted, approximately 768,400 ETH, worth about $3.5 billion, will be unstaked in the near future. He asserted that this massive issuance of tokens would bring about high selling pressure. According to him, the most appropriate thing that ETH holders can do is to exchange their resources for Bitcoin.

Also Read: XRP Slides 5.26% in a Week as Inflation Data Triggers Market Sell-Off and Whale Buys

Mow Predicts Ethereum Decline as Bitcoin Strengthens

In a statement on Friday, Mow urged investors to act quickly, stressing it was the last chance to sell ETH above 0.03 BTC. He suggested that Ethereum’s price can experience substantial drops when unstaking starts in two weeks. This stance is consistent with his extensive critique of ETH and his belief that it will never replace Bitcoin in terms of value or usage.

In the meantime, Mow has been adamant in his projection of the future of Bitcoin. He has always maintained that BTC will ultimately be valued at $1M. He is premising his view on an impending demand shock meeting constrained supply following the 2024 halving and ongoing purchasing by spot ETFs.

Even though the developments have not occurred on his previous schedule, Bitcoin has already recorded new all-time highs this year, surpassing $124,000. His argument is further strengthened by the limited number of 21 million coins, with more than 19 million already being mined.

U.S. Strategic Reserve Adds to Bitcoin Momentum

Further momentum for Bitcoin came this week as U.S. Treasury Secretary Scott Bessent confirmed the creation of a Strategic Bitcoin Reserve, following an executive order signed by President Donald Trump in March.

Together with the government policy, large corporations like Metaplanet have been proactive in stocking Bitcoin in their treasuries. This gradual build-up helps to endorse Mow’s vision that there is a tightening supply and that his forecast of demand shock is more compelling.

Samson Mow’s message leaves little doubt about his stance. He believes Ethereum faces a looming crash and insists that investors should move into Bitcoin before it is too late.

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