I believe that status to be 'urban myth'.  the one person I saw with quoted numbers showing the shrinkage just said they took numbers from the day before the closing and the closing day, not when on the closing day. It could easily have been before the close that those numbers were taken.

As for myself from yesterday to today my first phase number has remained static. The second phase number has shrunk. That is as it should be, as new investors split up the 2nd phase money. That number will continue to shrink for all of us until the close of the 2nd phase.