Two weeks after CEO Su Zhu criticized ethereum for high fees 3 Arrows Capital bought 91,477 ETH worth about $400 million on the fall of the market, during this time the company bought about 156,400 ETH.
it was purely part of CEO Su Zhu's business strategy. after thinking ethereum has a high cost but why CEO Su Zhu did a large storage of ethereum assets then he threw it away and tried to play avax or solana as his choice. Moreover, after the ethereum market went down the company's CEO Shu Zhu bought ethereum in bulk.This is purely a business strategy, friends, don't believe anyone's statement. because influential people in the world are good at doing FUD or FOMO.