And that's the problem. A Quad Axel should be incredibly exciting and the rotations in the air should be visible.
This Quad Axel just looks like a Triple if not watching closely, and looks less majestic than a top quality Triple Axel, where there is more distance covered in the jump, clear lift into the air and then rotation, and then descent from the air with the arms opening up when the rotation is near completion. And more flow on the landing.
Malinin turns more on the ice during the takeoff, whips his arms into the rotation, and doesn't stop rotating until landing (short of being fully backwards). Modern jump technique has made jumps look worse because it's all same-y. There aren't different phases to the jump, with pictures being created in the air.