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Samson Mow: Ethereum Investors Exchanging Bitcoin for Ethereum

Summary: According to a report by Cointelegraph, Samson Mow stated that Ethereum investors are exchanging Bitcoin for Ethereum, using new narratives like 'Ethereum Treasury Company' to drive up Ethereum prices, then selling Ethereum at peak levels and converting profits back to Bitcoin (BTC). He cautioned that 'in the long run, nobody wants Ethereum.'

According to a report by Cointelegraph, Samson Mow stated that Ethereum investors are exchanging Bitcoin for Ethereum, using new narratives like 'Ethereum Treasury Company' to drive up Ethereum prices, then selling Ethereum at peak levels and converting profits back to Bitcoin (BTC). He cautioned that 'in the long run, nobody wants Ethereum.'

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