The thing is, the min withdrawal basically always was like 500 chips, at least as long as i can remember and I found swc maybe around 2020 or so.
Since the price has risen and the limit never got adjusted of course it's kinda inflated now, to say the least. Still I don't think this limit is too high. I have seen casinos or something that have even higher limits for btc withdrawals, BC for example.
Well, you can never know what amount of money is too high for someone. For example, $10 can be a month worth of salary in some parts of the world while in other parts it's barely enough to buy a cup of coffee. Since the Bitcoin network is not that clogged anymore and the fee is low, I think it would be great if they lower the minimum amount needed to withdraw.