Oh, dear reader, gather ’round, for we have a tale of rivalry most riveting! Samson Mow, a gentleman of considerable repute in the Bitcoin realm and the esteemed CEO of JAN3, has once again graced us with his musings on Ethereum. If one were to summarize his sentiments, it would be thus: Ethereum, thou art but a thorn in the side of Bitcoin’s supremacy! Nay, he declares, shall Ethereum ever surpass its golden cousin. Methinks there is a touch of theatrical flair in his proclamations, though who am I to judge? 😌
In his latest discourse upon the digital stage, Mr. Mow observed a rather curious phenomenon-a veritable exodus of Ethereum from staking contracts. Indeed, he notes that the sum of Ethereum poised for withdrawal grows by the day, inching ever closer to the lofty figure of 1,000,000 coins. At present, a staggering 909,788 ETH (worth approximately $3,897,112,990 in fiat currency-pray, do not ask me to count it twice!) awaits liberation. And lo, since his prior missive some four days past, this pile hath swelled by 141,388 ETH. Could such an event portend bullish tidings for Bitcoin? Mr. Mow certainly thinks so. But then again, when does he not sing praises of BTC? 😇
A Growing Pile of Unstaked Ethereum
Behold, gentle reader, as Mr. Mow takes to X (formerly Twitter) to declare:
The Unstakening continues. Soon to reach 1M in ETH heading for the exit. Wait times are also increasing.
– Samson Mow (@Excellion) August 19, 2025
Yet, ah! A wrinkle in this otherwise pristine narrative. Data presented by an astute analyst suggests that Bitcoin ETFs, which currently hold 6.38% of the total BTC supply, may soon find themselves eclipsed by their Ethereum counterparts. By September, it is whispered, Ethereum ETFs might claim a greater share of their respective supply. Could this be the chink in Mr. Mow’s armor? Or merely a tempest in a teapot? One can only speculate-and perhaps chuckle at the irony. 😅
Mow’s Steadfast Resolve Amidst FUD
But let us not forget another chapter in this saga: Mr. Mow’s unwavering allegiance to MicroStrategy (MSTR). Despite the cacophony of FUD (fear, uncertainty, doubt) swirling about like leaves in an autumn breeze, our intrepid hero declared boldly, “I’m still HODLing.” Bravo, sir, bravo! Though one cannot help but note that MSTR’s price hath fallen by more than 12% over the past week, now trading at $361.58 per share. Perhaps Mr. Mow harbors a secret fondness for drama-or simply possesses nerves of steel. 🎭
Lots of @Strategy FUD out there these days. I’m still HODLing.
– Samson Mow (@Excellion) August 17, 2025
And yet, amidst all this turmoil, Michael Saylor, the grand architect of Strategy, announced yet another acquisition of Bitcoin-an additional 430 BTC, worth $51 million. This purchase brings their hoard to a princely sum of 629,376 BTC, valued at $72,293,274,240. Truly, ‘tis a fortune fit for a king-or perhaps a very wealthy crypto enthusiast. 💰
So, dear reader, what say you? Shall Bitcoin reign supreme, or will Ethereum rise to challenge its throne? Only time-and perhaps Mr. Mow’s next tweet-shall tell. Until then, let us sip our tea and watch the spectacle unfold with bemused delight. 🫖🎭
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2025-08-19 13:36