Great article and some history.
I find your article and @Revisesociology article to be looking at two sides of a coin.
"the percentage controlled by Whale accounts (now the top 37 accounts) is now 49.3%"
@revisesociology/creeping-inequality-in-hive-inevitable-when-people-don-t-buy-in

Both are probably true and I have no idea what to think of it.