Yes, execution reverted. Gas fee of less than 0.0004 ETH lost. The 215.881231529184168417 ETH trying to be sent remained in the wallet. Why is that a big deal?
Oh, wait. Did you think that the ETH worth over $350,000 USD current value was lost? No. That's not how that works.
RE: $350k paid in ethereum transaction fee. Transaction failed. Fee gone.