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RE: Steem Total Value Powered Up - $34 million - July 3, 2022
The power downs are massive. It slowly cancels out the progress of the burning initiative since it is likely the liquidated steem would be traded.
I'm guessing that we might see a decrease this week because some of the big ones finished their 4 week cycle, but steemdb.io is still a few days behind, so still no good summary view of pending powerdowns.