Earlier in the dialogue, Euthyphro had stated that Socrates' statements did not stay put, like the statues of his ancestor, Daedelus. (In the dialogue Meno, Plato made another use of the Daedelus myth.) Socrates responded ironically that he had more power than Daedelus, in that he not only could make his own statements fly away, but also those of others. And he has made Euthyphro's account move in a big circle, so he was back to the place he was earlier. But as was noted above, nothing Socrates has said has refuted Euthyphro's third account of piety, so he is not so badly off as Socrates thought.
