Ethereum’s Unstakening: Will It Sink or Swim? Find Out Now! 🚀

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Ah, dear readers, gather ’round as we delve into the latest escapades of one Samson Mow, a chap who seems to have taken it upon himself to be the self-appointed guardian of Bitcoin. With all the enthusiasm of a dog spotting a squirrel, he has once again taken a swipe at Ethereum, that plucky underdog of the crypto world, which, despite its growing popularity, seems to be the target of Mow’s relentless barbs. 🐶

Now, it appears that a veritable flood of ETH is being unstaked, with validator exits rising faster than a soufflé in a hot oven. Mow, with the gravitas of a seasoned oracle, warns that significant market shifts may be lurking just around the corner, like a cat ready to pounce on an unsuspecting mouse. 🐱

But what, you may ask, is this ‘unstaking’ business all about? Well, it seems that nearly 909,788 ETH-worth a staggering $3.9 billion-has already made its grand exit. Mow predicts that this figure will soon cross the million mark, which he argues will weaken Ethereum’s chances of ever surpassing Bitcoin. This, of course, is a direct rebuttal to the bullish predictions of analysts like Tom Lee from Fundstrat, who, bless his optimistic heart, seems to think otherwise. 💸

The Unstakening continues. Soon to reach 1M in ETH heading for the exit. Wait times are also increasing.

– Samson Mow (@Excellion) August 19, 2025

“The flippening will never happen but the unstakening is coming,” he quipped in a previous post, sounding rather like a modern-day Cassandra. He has also warned that the ETH/BTC ratio could plummet to 0.03 or even lower, which, if true, would send shockwaves through the crypto community. 📉

Currently, about 29% of Ethereum’s total supply, or roughly 35.3 million coins, is staked. However, the demand for new staking has slowed to a crawl, while validator exits continue to grow like weeds in a neglected garden. The exit queue is now teetering on the brink of 1 million ETH, valued at around $4 billion, which has contributed to Ether’s recent price woes. 🌱

ETH Faces Selling Pressure

In a twist of fate that would make even the most seasoned soap opera writer raise an eyebrow, Ether ETFs have also experienced a bout of weakness, with $257 million in outflows over the past two days. This selling pressure has sent ETH tumbling from its weekly high, with the price now hovering around $4,300-about as stable as a one-legged man in a butt-kicking contest. 🦵

The CEO of Canary Capital has also thrown his hat into the ring, declaring Ethereum outdated and slower than a tortoise in a marathon, especially when compared to sprightly newcomers like Solana and Sui. He doesn’t expect ETH to reach new all-time highs, but remains bullish on Bitcoin, predicting it could soar to $140K-$150K this year, thanks to ETF demand and institutional buyers. 🏦

ETH Exchange Inflows Surge While BTC Remains Steady

On-chain data reveals a curious divergence between Bitcoin and Ethereum, much like the difference between a fine wine and a cheap plonk. CryptoQuant analysts have noted that Bitcoin exchange inflows have remained as steady as a metronome, suggesting stable sentiment and limited selling pressure. Ethereum, on the other hand, has seen a sharp uptick in activity, like a crowded pub on a Friday night. 🍻

In mid-August, ETH transfers to exchanges topped 2.6 million coins in a single day, indicating higher trading activity and possible profit-taking. It seems the traders are as busy as bees in a flower garden! 🐝

Will ETH ETFs Surpass BTC ETFs?

Despite the challenges, one analyst at Dragonfly has noted that Bitcoin ETFs now hold 6.38% of BTC, while Ethereum ETFs sit at a respectable 5.08% of ETH. If current trends continue, Ethereum ETFs could very well overtake Bitcoin ETFs in share of total supply by September, which would surely send ripples through the crypto pond. 🌊

at current pace, % of ETH in ETFs will exceed BTC’s in september

srcs: ,

– hildobby (@hildobby) August 18, 2025

So, dear readers, the next few months will reveal whether Ethereum can hold its ground or if Bitcoin will continue to reign supreme like a king on a throne. Stay tuned! 🎩

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2025-08-19 16:23