Bitcoin Bullish Sentiment Fueled by Ethereum Unstaking Surge: Samson Mow

Samson Mow, CEO of JAN3 and a vocal Bitcoin supporter, has sparked excitement in the crypto market with predictions related to Ethereum’s unstaked coins. Mow anticipates that this significant rise in withdrawn ETH will contribute to bullishness for Bitcoin. 1 million ETH is poised to be unstaked, according to Mow. He emphasizes that this impending influx of ETH could further bolster BTC prices. 1,000,000 ETH, or $3.89 billion worth in fiat currency, is expected to be withdrawn soon, a number that has grown by 141,388 since the initial announcement four days ago. Mow’s predictions come after he boldly stated that Ethereum will never surpass Bitcoin’s dominance. 508 million ETH, or $2.6 billion worth in fiat currency, are currently held in ETFs. These figures suggest that Ethereum ETFs could potentially overtake Bitcoin-based ETFs as the dominant share of total supply by September.