I have heard that some high net worth individuals are unloading all their BTC for ETH.
Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.
However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.
Do you think its a good idea to hold more ETH than BTC rn?
in my opinion ethereum has more potential to grow more than bitcoin in this year
but, i think if somebody want to sell all his bitcoin, he will not only buying ethereum, but he must split his capital to other altcoins too
such as polkadot or chainlink