While the change was dramatic for the overall lightning network capacity, there is no need for concern.

In fact, this type of channel management is essential to maintain high payment reliability.

Notably, on-chain fees are low and all closes were mutual.

https://twitter.com/Leishman/status/1678726013402923008?t=KnQ6bUPgGtye7NalGLjqZg&s=19