27.4% of the Top 500 and 24.6% of the Top 1000 are powering down today

Let's look first at the raw data's

Edited Data's

I will keep the data's in Excel on a Google Spreadsheet so we can see also a longterm Trend and see if it correlating with the price

you can find them here:

https://docs.google.com/spreadsheets/d/1PbEMn88GDQajeEIb3qF9uTOxTVCi5Wa4iDkS82J8x38/edit?usp=sharing

This are this now the list that is easy viewable
this are the people that powering down:

Name	Powerdown
@steemit	no
@freedom	no
@steem	no
@ned	yes
@dan	no
@blocktrades	no
@val-a	no
@mottler	no
@abit	yes
@databass	no
@ben	yes
@hendrikdegrote	no
@jamesc	no
@michael-b	no
@val-b	no
@thejohalfiles	yes
@ranchorelaxo	no
@smooth	no
@proskynneo	yes
@xeldal	no
@roadscape	no
@created	no
@arhag	no
@jamesc1	no
@michael-a	yes
@safari	no
@riverhead	no
@adm	no
@batel	no
@jaewoocho	yes
@witness.svk	yes
@engagement	no
@trafalgar	no
@tamim	no
@bob	no
@pharesim	yes
@wackou	no
@steemed	no
@fyrstikken	no
@renohq	no
@tombstone	yes
@alice	no
@fuzzyvest	no
@bitcube	no
@goku1	no
@gavvet	no
@transisto	no
@recursive	no
@glitterfart	no
@newsflash	no
@fulltimegeek	no
@enki	yes
@alvaro	no
@slowwalker	no
@systema	no
@donkeypong	no
@thisvsthis	yes
@honeybeee	no
@thecyclist	no
@rainman	yes
@fminerten	yes
@creator	no
@julianita	yes
@imadev	no
@bhuz	no
@lafona-miner	yes
@abdullar	no
@nanzo-scoop	yes
@arama	no
@azeroth	yes
@nextgencrypto	no
@hr1	yes
@skan	no
@curie	no
@coldstorage1	no
@roelandp	yes
@snowflake	no
@ramta	no
@onceuponatime	yes
@smooth-a	yes
@kidrock	no
@steemaccess	yes
@freeyourmind	no
@cryptoctopus	no
@kushed	yes
@someonewhoisme	no
@tyler	no
@sean-king	no
@neoxian	no
@summon	yes
@ioc	no
@hiva	no
@cass	no
@steempty	yes
@craig-grant	yes
@smooth-b	yes
@lifewordmission	no
@kevinwong	no
@inv	yes
@eeks	yes

32% of the Top 100 Steem Power accounts are powering.

From the Research point this task has to be done daily so we are able to make conclusions, my thoughts on this is that if you analyze the top 100 Steem Power Accounts, you get a idea of how the price might drop or raise in the future.

My thesis:

The higher the powerdown rate, the more money gets removed from steemit, so the actually worth of Steemit should go down. If we see the powerdown rate going down, then we should also see the price going up

To be able to messure the expected correlation

We also need the daily price of Steemit and the % it has dropped

Once we got more datas then I am able to make graphics.

Things I consider right now is:

Will it change if we look at the Top 500 or Top 1000?

most of the steempower is concentrated in the Top 100

Currently if I just analyze the data's from https://steemwhales.com/

of which the Top 100 control

142955281 Steem Power or 60% from 1-100
72242611 Steem Power or 30% from 2-100

if you exclude the Top 1 you get 30%, since the Top 1 Account is steemit, which I think it reserved for account creation.

Personally I think analyzing Top 500 and Top 1000 would only matter if you exclude the Top 1 Account so you get better Datas:
2-100 are accountable for 30% Steempower
2-200 are accountable for 36% Steempower
2-300 are accountable for 38% Steempower
2-400 are accountable for 38% Steempower
2-500 are accountable for 38% Steempower
2-1000 are accountable for 40% Steempower

Personally I think analyzing Top 500 gives you a good idea, adding 500 increases my work, but the 2% more Steem Power are not really providing a lot of more datas, or what do you think @Jerrybanfield?

I decided to take also the Top 500 and Top 1000 into consideration here is the list of those down powering:

@vcelier
@dunia
@delegate.lafona
@lofojobee
@coinfund
@jejujinfarm
@steempower
@faddy
@demotruk
@rok-sivante
@jrcornel
@boombastic
@htooms
@tradeqwik
@flyingmind
@xeroc
@teamsteem
@sochul
@jabbasteem
@furion
@zahnspange
@layz3r
@novina
@rossco99
@sponge-bob
@dele-puppy
@barrie
@underdog600
@robert-call
@sweetsssj
@nnnn
@pfunk
@bobbylee
@trevonjb
@yan-kovalenko
@helikopterben
@kus-knee
@redux
@james212
@knozaki2015
@chitty
@shaka
@jesta
@clayop
@originate
@jacobcards
@gilead
@joeyd1
@nnnn2
@mn12defgj1
@asksisk
@katyakov
@clains
@joshbreslauer
@hipster
@au1nethyb1
@jsg
@creat0r
@sword
@timcliff
@smooth.witness
@secretpayout6
@mysteempower2
@anotherjoe
@recursive2
@recursive3
@nnnn3
@kingscrown
@nnnn4
@anyx
@kitten
@berkah
@steemthebest
@kriborin
@kevtorin
@timsaid
@ramblin-bob
@hyndai
@klye
@nnnn2b
@miningcoins
@insider
@benita
@xiaohui
@puppies
@lessys
@bendixen
@gargon
@bitacer
@ausbitbank
@chryspano
@firepower
@spinbitz
@steemcleaners
@gamer00
@zzz
@roland-hicks
@yoonjang0707
@stone1
@bess
@janaraeh
@nnnn6
@galel
@back
@gotoperson above here are the people from 101-500, below the people from 501-1000
@voronoi
@drsteem
@kotori
@domino
@markg
@worldfamous
@anonymous
@charlieshrem
@officialfuzzy
@terra
@camilla
@bytemaster
@nnnn5
@lxteem
@sascha
@pheonike
@marijuana
@blanche
@fminerten1
@toybazaar
@profitgenerator
@dang007
@aizensou
@sandra
@steemvoter
@jamtaylor
@daniel82
@meow
@chessmonster
@sunshine
@jason
@lxcteem
@canadian-coconut
@tuck-fheman
@sqube
@chhaylin
@kai
@simav7
@damir19021977
@mynameisbrian
@everittdmickey
@captiva
@victor-lucas
@bottai
@warofcraft
@kenny-crane
@aem
@omega
@deanliu
@hopeless
@cardiff
@jamielefay
@markrmorrisjr
@arcange
@claudiop63
@honeyscribe
@theprophet0
@steemsports
@larkenrose
@anca3drandom
@dashpaymag
@gbert
@hello
@expir602
@jamie
@gregm
@fmooo
@miacats
@hossary
@icfiedler
@bacchist
@jamesjarman
@baronofbitcoin
@godknows
@soulsistashakti
@etherki
@braead65
@whatsup
@coin
@qhaltpal
@tristanacra
@melona
@freiheit50
@lilmayo
@marius19
@dumpling
@calypso
@vattle.com
@thedashguy
@cleta
@cherly
@gamath
@nerivyre
@kayana
@panword
@wpcteem
@kiddarko
@freedomengineer
@gutzofter
@goldemar
@tatianamoroz
@cervantes
@amartinezque
@full-steem-ahead
@drsteem3
@qocnenvhrl
@moonjaein
@kaarel
@blocklab

32+ 105= 137 Accounts powering down from 500 27.4%
32+214= 246 Accounts powering down from 1000 24.6%

I made it easy that you can follow the Whales that are currently powering down, all you need is to simple hover over their name and follow them.

if you like the post and you want to see how powering down Steem Power is correlated with the Steem price then please consider an upvote, so I know that the community appreciate my work, if you have any suggestions on how to improve my research please let me know.