Yeah, but the only reason to buy Steem Power is to push articles to the top, making them visible... This is the same. Even though technically it is some guy... in the end he tries to influence in his favor the visibility of his article.

But if the reward is too low and too few people receive something, people will stay where they are or check out other alternatives...

We can hope that the whale selling creates a lot of new Dolphins... so that much more articles get rewards... But it would hurt if the price is to return to a Dogecoin marketcap of 25 mil. or even below to absorb all the Steem the whales want to sell....