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?
I would not do that I prefer to keep both in the bull run, even if Ethereum is outperforming Bitcoin in a bull run but the gap is not that huge to become lenient over Bitcoin, every bull run presents a different scenario it might be the scenario in the past but it will not be always the case in every bull run, this year could be different, we never know.