Whales are liquidating Steem, could they know something we dont, or they are just locking some massive profit, as Steem increased almost 10x for the last 2-3 months ? Also I think the alts are very dependant on BTC and it's movement, so nothing new here. I am guessing that the correction will continue. We are definitely not out of the wood :)
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So far, no signs of it being dumped on the market. Whether they are send it out in a trickle or holding it in case they need to exit quick remains to be seen. I agree that we will see this continue for a while.
Interesting, when Steem is bot in SP , you are losing from inflation. Well we will see soon enough :)
Steem to the moon, lol