I'm honestly not sure how someone would be able to quantify this unless they were part of an admissions committee this cycle or had access to the data. (This is my first cycle, so I don't know how active Draft was in years past.)
However, when I was speaking to one of my letter writers, she mentioned that the last two years of applications were a bit crazy and that she anticipated this year was going to be calmer. I have no idea how she made that estimation, since I spoke to her in November and my alma mater had a deadline in January.
Here's to hoping that it's a smaller pool of applicants—hah!
Edit: University of Michigan actually has statistics on number of applications to their program. It looks like from 2018-2021, the number of applications was near or over 1,000. However, in 2022 it was 800, whereas overall graduate school applications increased. Not sure if that's a trend or explained by some other phenomena, or if should even be applied to the MFA pool overall.