ZhuSu, the ex-founder of Three Arrows Capital, has recommended a novel strategy for Ethereum trading. In his recent post on April 24, he suggests buying Ethereum when network gas fees are low and selling when the fees are high.
This trading advice contradicts the popular narrative in Ethereum investment, where high gas fees, often resulting from heightened blockchain activity, generally encourage holding on to assets. ZhuSu, however, sees high gas costs as an indicator of unsustainable activity, with the opposite being true when gas fees are low.