Steemit account has 192 milion $ on it.

If you check the wallet from Hive account@steemit you will notice incredible high amounts over there.

• 500 000 steem
• 70 000 000+ vested steem
• 18 000 000 + savings in steem

Just wondering if anyone knows what this account is used for and what would happen to steemprice if decision is made to cash it out. What again is the total supply of steem? Can imagen this is a huge part of it. Just curious.