According to Lookonchain, a trader paid 43 ETH, equivalent to $108,000, in gas fees to deposit 10.17 million USDC into the Plasma protocol. This unusually high transaction cost highlights Ethereum’s ongoing scalability and fee challenges, directly impacting DeFi trading strategies and profit margins. Such exorbitant fees can deter large-scale stablecoin movements and may shift trader interest to alternative Layer 2 solutions or competing blockchains with lower costs. The event underscores the urgent need for efficient scaling solutions to maintain Ethereum's dominance in the DeFi sector. (Source: Lookonchain, June 9, 2025)