Storage loot cap

I read on the wiki that the max amount of resources that could be looted from storages was 198,000. Does this mean that EACH storage can hold 198,000 gold/elixr when being raided, or that ALL the storages can hold 198,000 gold/elixr (basically a total of 49,500 per storage) total when being raided? I am guessing the second, but I would like to confirm.

Thank you for your time.

Storages combined hold up to 198k. This means that if you raid someone with 2 storages, each one can hold up to 99k, if you raid someone with 4 storages they can each hold up to 49.5k. However if you raid someone who's town hall level is higher or lower, then the total amount is different due to the loot penalty/bonus.

I thought so. Thank you for posting :)