I have been following Ethereum very closely. I have some investments that are stuck in there like I said multiple times. All those investments are in profit, but when the fees went north of 100 Gwei I realized that if I touched what I had locked in Defi there it would turn into a loss.
That was before the transaction fees reached ONE THOUSAND GWEI!!
We are nearing the all-time highs for Ethereum Gas fees! Before it was not profitable for small players to use the blockchain, but now even small sharks might be off of the game!
If it keeps getting exponentially expensive like that, eventually even whales will be locked out of the blockchain!!