Nothing to worry about. Jeff just cashed out what he has earned on steemit ;-)
For this influence it is not important for him to own many steem power.
Especially for no-name newbies it can be extremly helpful to held a lot of steem power because they are able to reward followers/ comments well ;-)
Hope that cleared the situation a little bit.
Upvoted :-)
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That does make sense, Many were wondering including me... @welovesteemit, always comes back with wisdom :)