I think you are right. The coins have moved from the address they were consolidated into and they are starting to make some payments, although my own withdrawal is still pending.

What I think is happening is that they are using recent deposits to cover withdrawals. As long as there is fresh incoming liquidity, they can continue to make payments, but when FUN token started pumping many people exchanged their tokens for BTC and that might have left them with a shortfall, which led to more delayed payments than usual.