No, not at all. There was also Quinn who won a Gold medal at the same Olympics. And Laurel Hubbard won silver at the World Championships and gold twice at the Commonwealth Games but was 43 years old by the time of the Tokyo Olympics.

Additionally, you have to consider that the current rules regarding trans athletes are only in place since 2015. Before it was required to undergo sexual reassignment surgery and have your gender legally changed. And even after the changes, many trans athletes couldn’t compete at the Olympics because the governing bodies of their sport are more restrictive. So even if trans athletes have a “big advantage”, there are plenty ways to explain their lack of presence at the Olympics.

That’s just factually incorrect. Laurel Hubbard qualified for and competed at the Tokyo Olympics.