For about two years, I did a monthly report on Steem called "STEEM: Whales Are Losing Their Power....The System Is Not Broken".  This took a look at how the distribution of Steem Power changed on a monthly basis.  The presumption on there was that the Whales were just getting more powerful when the reality showed the exact opposite.  When it came to Steem Power, over a two years period of time, things were flattening out.  

Of course, we know that Steemit Inc selling part of the stake each month had a lot to do with it.  Unfortunately, as we found out, not enough was sold. 

I decided to bring this report over to Hive so that we can monitor how things are going.  I am going to use the first chart I have from Steem as the initial basis since Hive has its roots there.  The chart is pertinent for all categories other than the Whales since we know that is much different than on Hive due to Steemit Inc.

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These are the numbers through April 30th, 2020.

Each month I monitor what is going on with new accounts and the amount of MVests in each category. I do this to determine what trends are taking place.

Now that we are at end of month, time to post the numbers again.

I want to thank @arcange for the work done each day compiling these numbers and making the charts.

We will be showing 3 months worth of data for analysis purposes to see how the 90 trend might be.

The first chart is from August of 2017, the month I started on Steem. It is placed here to provide some contrast to see how things are changing over a longer period of time.

Here is the breakdown.

8/1/2017

https://steemitimages.com/0x0/https://ipfs.busy.org/ipfs/QmTqYQggdMfyUA5sSb9yvbbwFsx57etKXAJ4J2vrPnspfF

The total MVests here is 336,932.

On a percentage basis:

Whales 75.44%
Orcas 14.86%
Dolphins 7.16%
Minnows 2.14%
Red Fish .01%
Inactive .40%

3/31/2020

![](https://images.hive.blog/DQmWMTKmKE7FZKCgj6c4xwwCioWLpPgdK3qttTzQhGxH7wx/image.png)

https://leofinance.io/hive-133987/@arcange/hive-statistics-20200331-en

The total MVests here is 329,353.

On a percentage basis:

Whales 45.4%
Orcas 24.95%
Dolphins 17.06%
Minnows 8.31%
Red Fish 4.28%

4/30/2020

![](https://images.hive.blog/DQmed1FRxQunAb4fja9HcVTxkyMLUVWZFSP7xHH2w9Cccba/image.png)

https://leofinance.io/hive-133987/@arcange/hive-statistics-20200430-en

The total MVests here is 309,285.

On a percentage basis:

Whales 42.38%
Orcas 26.22%
Dolphins 17.95%
Minnows 8.87%
Red Fish 4.57%

The change over that time period is as such:

Whales -6.74%
Orcas +5.49%
Dolphins +5.22%
Minnows +6.74%
Red Fish +6.78%

3/31/2020

![](https://images.hive.blog/DQmULefZbKyDuwqAVQXmMwZtAd7yJgCbZQrqtcqaTZ8gAMZ/image.png)

4/30/2020

![](https://images.hive.blog/DQmdJtBCmieg3trbWRD4FbM17pgZmy3wheUftkin2Cx7Z4i/image.png)

So what does this all tell us?

At the moment, not a great deal.  Since Hive is online for a little more than a month, it will take a while before we can analyze the trend.  These two groups of charts basically give us a baseline to work from.

That said, the Whales did lose a great deal of power while other categories gained.  None of this should be a surprise considering the airdrop of HIVE and the fact that some unloaded what they received.

That said, there are a couple points worth noting.

The first is, with the exception of the Whales, every category is higher today as compared to the original chart from a few years ago.  In fact, except for Orcas, all are above the number of MVest of the previous higher category.  

Secondly, On March 31, 2020, the Whales and Orcas had 231,703 MVests (70.35% of the total); on April 30, 2020, 212,160 MVests (68.66% of the total)...a decrease of 2.4%.

The next report should start to tell more of the story.  I believe we are seeing the effect of the airdrop in some of the numbers.  That said, it is good to see the overall trend appear to continue from Steem where the non-Whale categories are starting to make up a greater percentage of the share.

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If you found this article informative, please give an upvote and rehive.



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gif by @doze

![image.png](https://files.peakd.com/file/peakd-hive/taskmaster4450/AyvHLP0Q-image.png)

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