This is the long term chart for the historical Hive Power share and the Hive supply, from a recent post of mine.
What I find interesting from this chart is that the Hive Power or locked Hive (including the DHF), is almost roughly constant in the entire history of Hive, starting even back from Steem back in 2016.
At the very beging all the Steem back then was powered up and locked with almost no liqudity. The powering down period at first was set in years. Later it was shortened to three months with a weekly share, what now seems long :).
The main point is that the powered up and locked Hive in apsolute numbers has been around the 200M mark for all the time.
Meanwhile the liquid Hive keeps growing and we are now at a record high.