Samson Mow Foresees Major Crypto Shift: Ethereum Investors Flocking Back to Bitcoin

Bitcoin maximalists are grinning—Ethereum's 'flippening' fantasy might be unraveling.

Samson Mow, the outspoken CEO of Jan3 and longtime Bitcoin advocate, just dropped a bombshell prediction: a tidal wave of capital is about to exit Ethereum and rush back into Bitcoin. The crypto king isn't just holding its ground—it's preparing to reclaim its throne.

The great rotation: Why ETH bulls should sweat

Forget 'ultra-sound money' memes. Mow's call suggests Ethereum's staking yields and layer-2 ecosystem aren't enough to keep investors from Bitcoin's hardening monetary policy. After all, why chase synthetic yield when halvings keep delivering real scarcity?

Finance jab: TradFi analysts still can't decide if this is a hedge against inflation or a speculative casino—meanwhile, the smart money's already placing bets.

One thing's clear: When whales rotate, altcoins bleed. Will this be the move that finally separates store-of-value from vaporware?

Mow’s perspective on investor rotation

Mow, CEO of bitcoin adoption firm JAN3, argued that much of the recent Ether surge is driven by insiders rotating their bitcoin into ETH to take advantage of new narratives, such as Ethereum treasury companies.

He stated:

“Most ETH holders have a lot of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it on new narratives (Ethereum Treasury co’s)… Once Ether is high enough, they’ll dump their ETH, creating new generational bagholders, and then rotate the gains back into BTC.”

He added that breaking all-time highs WOULD be challenging for ETH, coining this situation the “Bagholder’s Dilemma.”

ETH/BTC ratio

Mow dismissed concerns about the ETH/BTC ratio breaking its downward trend, emphasizing that Ethereum has historically served as a means for some to accumulate more bitcoin.

The ETH/BTC ratio is now at 0.036, having doubled from its five-year low in April, according to TradingView.

For a broader overview of bitcoin’s historical dominance, see the Bitcoin dominance chart.

Differing market outlooks

Contrasting Mow’s stance, investor Ted Pillows predicted that Ether could reach a new all-time high, sparking a mini altseason before funds rotate back to bitcoin, potentially up to $140,000, with another cycle into altcoins thereafter.

This mirrors patterns seen in previous Bitcoin price history cycles, where capital shifts between bitcoin and altcoins.

Recent market performance

ETH recently closed its highest weekly candle since November 2021, peaking above $4,300 and sitting just 12% off its all-time high.

Meanwhile, bitcoin’s dominance has dropped by 10% since late June as more capital flows into altcoins.