ocnsidering wp, is our btc/1mh increases when total hashrate lowers?
It should.
Oh, please please please do explain your reasoning for believing that!
The multipool works off taking advantage of arbitrage opportunities. There is a finite # of arbitrage opportunities given that large dumps drop prices. There are also a finite number of buyers (that doesn't increase proportionately to the sellers in this case). The smaller the dumps, the higher the price of the sell. It is marginal but still an increase nonetheless.