I know enough users who have a separate account for Splinterlands (or games, in general) and for posting/staking on Hive. I believe the HP holdings of SPL investors/players look a little better if that is taken into consideration. Obviously, not good enough to pass a DHF proposal without help, it appears.
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Yes, there is multiple accounts, but that effect in terms of hive holding is minimal
Well, we are not talking whale size, but at a quick passing of a few situations I can think of from memory we are talking about hundreds of thousands HP.