Hah. I am solidly a "Guppy" with my double digit ownership

I would prob speculate that most "whales" are indeed holding steady. If you have $1 million + invested its fairly unlikely that a single week of 'underperforming' dividend really shakes you up. Especially considering almost all really major share holders have average purchase prices so low that not only have they made back their entire initial investment several times over in dividends but can realize several hundred % profit from selling anywhere over 1 BTC.