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This statistic is misleading. They have no way of knowing what people paid for those games. The “value” isn’t just the Steam price.
As many people have mentioned here, most games in big Steam libraries come from bundles. It’s pretty typical to get games for, like, $1-2 each in those. I regularly get 8 games for $10, of which I only really want 1. I play the one I cared about and get my $10 worth. There’s no “lost value” so long as I got my money’s worth from the title I played.
I take an even bigger view: if I buy 10 bundles for $10 each, and get 1 absolute banger (for my preferences) and a few others that are fun for a bit, then I’m happy. I often add 20 new games to my library in a month, and only immediately play 1. That doesn’t mean I have “$400 value of games I’ve never played.”
I have also bought a bundle from the spiffing brit, which was 85 games valued at €1500 for like €40. I bought it mostly for the charity and a couple of games, so it’s very misrepresented to say I haven’t played €1500 worth of games
Thanks for doing the critical thinking for me