That is true. Here is what various Hive witnesses earned in September:
| Rank | Total Hive Earned in September |
|---|---|
| Top 20 | 243,081 |
| Active Rank 21-40 | 45,281 |
| Active Rank 41-60 | 15,092 |
| Active Rank 61-80 | 6,097 |
| Active Rank 81-100 | 2,804 |
| Active Rank 101-120 | 492 |
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Certainly a profitable endeavor for that top 20. It's always interesting to see where the price would rest based on how much it costs to maintain the network compared to the POW chains.
As we all know the price going to $1 changes the dynamic a lot from those running nodes to the activity in the whole ecosystem. That makes it more viable for top 20 node operators to be fulltime without additional proposal support. In my opinion there needs to be massive action and deployment of the HIVE Funds or the price isn't going to catch much sun even in this bull market with BTC and BSC hitting all time highs.
The writing is on the wall though. The funds won't be utilized and everyone will clinch up and the price probably won't do great especially when the bear market comes.
A similar thing happened to Telos. Amazing tech but the price had gotten destroyed.
https://www.coingecko.com/en/coins/telos