A great post. Thank you for putting this up. I had a similar post this morning although not spelled out to the degree you did. Fabulous job.

People complain that the whales hold too much SP and then they freak out when a whale moves the SP. As you said, there is nothing that says Steemit will sell the Steem, only they are powering down. There could be many reasons for this which we will have to see if they elaborate upon.

In the long run, we need SP power in the hands of more people. Each week I do a post, this weeks will be up later today, about how the shift is taking place in the SP accounts 5,000 and below. Each week, I am seeing more accounts moving up the scale meaning they are earning SP. It is slow and the numbers are not overwhelming yet they are drifting in the right direction.

The bottom line is more accounts are holding SP and the ones that have it are gaining more. It is a twofold move.