It's because they're scamming everyone here. If you don't believe me, check the ledgers. The whales aren't holding steem. They're cashing out, and they're making fake accounts to pump up so they can power down faster. This whole thing's a scam.
https://steemit.com/steemit/@apocaloptimisto/dantheman-ned-please-remove-my-content-from-this-site