Especially in Oracle PL/SQL, I've seen this often abused to an extend where no one ever understood the whole business logic anymore (as logic was spread out in frontend, middle-layer services, and DB mumbojumo), and the database became a fragile core-piece (with a significant vendor login) and hindered all sort of future development.
Seriously, your business logic should be modelled in code, ideally in some sort of service layer (which does not necessarily mean microservices!).
That's not “abuse”. Admittedly, it's no longer an essential best practice for most systems, the way it used to be viewed, because it's more common to have a single application which fully owns the database and not to (at least in idealized theory, though very some ops staff still end up with direct access to the prod DB) allow access by other means, so in theory it doesn't tend to be necessary to avoid either circumvention of rules or (inevitably inconsistent, as well as expensive to maintain) duplication of logic.
This could be solved by only exposing stored procedures, but that just moves the code to the database server instead of the REST service with the same problems as before.
How does GraphQL make sure to respect table indexes? If not you get a super slow query.
You can get the same problems with GraphQL or stored procedures too of course, if the queries are not optimized correctly
And most of the projects I worked on in my professional career as a webdev, were replacing such workflow with a proper web application, because excel does not scale and eventually people fuckup their data.