It's probably healthy for the ecosystem to have people leaving to an extent. Not every user is going to find what they're looking for here, and considering that many, many people are addicted to the algorithm they shouldn't find what they are looking for here. The fact that it appears many people are staying however is also a positive thing, that there's maybe a thirst for the sort of authenticity the fediverse provides and big tech can't anymore.
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In some ways, that's authentic for those instances -- it's a lot of people who are intolerant and insular, and they get together and create their thing that's locked down and intolerant and insular. The nice thing is that the libre people can also find each other and their instances can have fun and be creative without having the intolerant and insular as middle-men.