@Jeremy656 I haven't taken bookings in just over a year, due to Covid and having a home-share listing, so I have no personal experience at this point, but there have been numerous posts here about delayed payouts and I agree with your take- I think they are delaying payments to make sure their accounting shows plenty of money in the coffers and hanging on to a million bucks for a week certainly collects a shwack of interest payments.
They should be paying hosts interest on delayed payouts, instead of retaining the payments guests have made and using hosts as an interest-free loan dept.