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RE: One million steem disappears to pump the price of steem
I know that there is now an option to power up your liquid steem into another users account, that's why the power down is needed as SP still can't be transferred, but as soon as it was liquid it was sent to @freedom. You can see the boost clearly on steemwhales. http://steemwhales.com/freedom
I don't know why these activities don't show in the history on the wallet pages currently.
Thanks for the info. I guess that clears up much of the confusion for me. Related accounts are using the Power-Down transfer option to concentrate SP in a single account. No burning seems to be involved if that is the case. I was not aware of that option.
Who would withdraw money from bank and burn it ? Come on guys. You can do it better than that.