There is a bit of a swing in vests between whales and the rest of the economy system. When I posted yesterday it was whales lost 0.55 percent of the total vests which is a huge drop in the 9 days I looked at. If this market holds for a few weeks that could turn into 5 - 10 per cent as so many smaller accounts are buying and a couple of large ones selling.
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Yeah on a monthly basis, that would be over a 1.6% drop...that is a big number in a month especially for such a large MVest basis.
There is no doubt a shift is taking place. It is not enormous in that the numbers will suddenly flip overnight but there is a decrease in the whales and increase in Minnows, Dolphins, and Orcas.
Exactly. The change won't be overnight but if the market holds like this for a while there will be a far more even spread of steem power going forward. When prices recover it could be significant as these are the accounts keeping the day to day activity going on here.
The developers do their own thing and will be our future but for now we need to keep the people active as well of there will be no attraction to develop for them. This is a great show of faith and community strength and will even spread rewards further afield in the future.
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