I saw a comment about a week ago that said the displayed number of subscribers/upvotes displayed is the count for people on your instance. Essentially meaning that if an instance displays that it has 15 subscribers it actually only means there’s 15 subscribers from my personal instance (vlemmy.net in my case) and not overall from across the Fediverse. Same for upvotes.

Is that in any way accurate? Or am I totally off base on this one? The only reason I ask is because I’ve noticed the subscriber counts on some communities seem very low vs. the amount of engagement.