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Samson Mow, a vocal Bitcoin advocate and CEO at JAN3, has issued a warning to Ethereum holders, urging them to take action immediately. According to Mow, the current market conditions are a last chance for ETH investors to sell their assets above 0.03 BTC.
In his recent tweet, Mow emphasized that this is a critical moment for Ethereum holders, stating that they should not miss out on this opportunity. He also hinted at the possibility of a massive price crash for Ethereum in the future.
Mow’s statement comes as Ethereum’s unstaking process is set to conclude in two weeks’ time. This event may lead to a surge in demand for Bitcoin, causing its price to rise significantly.
The CEO of JAN3 has previously predicted that Bitcoin will reach $1 million in value and then continue to climb even higher. His earlier predictions included the idea that the market would witness a clash between Bitcoin’s supply shock and demand shock caused by the fourth halving (April 2024) and spot ETFs beginning to accumulate Bitcoin.
Mow believes that these recent developments, including the White House’s intention to create a Strategic Bitcoin Reserve, will ultimately contribute to the massive surge in Bitcoin’s value. He warns ETH investors that they should not miss out on this opportunity to sell their assets at a potentially high price.
It remains unclear how Mow’s predictions will materialize, but his warning serves as a cautionary tale for Ethereum holders who are considering holding onto their investments.
Source: u.today
