This is a very important issue and I'm glad you put together this post to demonstrate how the most powerful accounts ultimately decide on which proposals receive funding. It also shows that if 'staking' is permitted by exchanges in the future, as was proposed by CZ_binance for Steem, centralized exchanges could dominate the DHF and fund any proposals they prefer, including ones that are not in the interest of the community.
At the moment, the majority of Hive tokens are not powered-up onchain but are stored on exchanges. Currently, there have been no statements or actions by the exchanges to launch Hive staking for their customers but there's an obvious trend toward 'staking' initiatives and it's not out of the realm of possibility that this should be taken seriously as a possible attack vector.
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As we already have a precedence of exchange involvement, I am certain that our dev team (who, I trust) will take care of that.