Yeah, its because of the fees on the ETH network thanks to DeFi. Everyone trying to make gains so the blockchain is being used a lot likely with smart contracts. Whales don't care about the fees as long as they can get their smart contract in the next block.
Think about it, would you care about $1k in fees if you do a $400k transaction and make $89k profit when its done?
RE: BAT was on the Move 🚀 Uphold Wallet... 😱