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RE: STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 6/30/2018
Yes that is true but once money exits as SP, it is no longer any influence on the STEEM blockhcain.
SP is tied to VP.
If a Orca takes 100K SP and powers down, he is no longer an Orca...he is a dolphin with 25K SP...the other 100K gives him no influence.