I don't know, we will know more soon. He is probably buying a lot of Steem right now to get the Hive airdrop which he will probably sell to try to crash the price of Hive. He will want to keep the price of Steem higher than the Hive, also in many forked chains the original one is the more valuable in terms of market cap, but here most of the community will move to Hive, so who knows. We will need to see the numbers to conclude anything beforehand. Next week or so will be insane in terms of speculation.
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He'll be one of the top whales on Hive.