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OpenSea's fees is 2.5% of each transaction. There's a creator fee on top of that which the creator can decide. It usually ranges between 2.5-7.5%.

On average, you should assume that OpenSea takes around 30-40% from this 200M fees.

I do not think they are gas fees, that wouldn't make sense. The description on that chart states: > Combined OpenSea and seller fees

Opensea takes a % fee, and the seller takes a % fee. Can you prove it's also including gas fees?

Even then the dollar value is only the magic fantasy price you'd get if you could turn those coins into dollars but not affect the price by the fact of that sale.

ETH has enough liquidity to easily absorb that volume tbh.

I suppose those fees would be the lower limit of the subjective value provided to the participants.

Otherwise they wouldn't trade.