According to Lookonchain, a wallet paid 43 ETH, equivalent to $108,000, in gas fees to deposit 10.17 million USDC into Plasma (source: Lookonchain, Twitter, June 9, 2025). This unusually high transaction fee highlights ongoing Ethereum network congestion and scalability issues impacting large transfers. Traders should note that such high gas costs can deter institutional flows and alter on-chain activity patterns, potentially causing volatility in ETH and USDC prices. The event also brings renewed scrutiny to layer-2 solutions like Plasma, which may see increased adoption or technical upgrades as traders seek more efficient settlement options.