Over the 2023-2025 window, we've watched the major traders and seasoned players—the ones who actually move markets—bail out of this space. And honestly? The mechanics are partially to blame. Whenever a solid trader tries to make moves, they get undercut by the same "established OG" narrative repeatedly. Add in creator fee redirects happening behind the scenes, and you start seeing why serious players are hitting the exit. The friction's real, the trust is eroding, and the market's bleeding out its most experienced participants.