That is a very good point @hendrix22 and I dont know the answer to that since I am only going off the chart on steemwhales.
I thought you conclusion would be correct but when I put my name into that site, it reflects my account value without the SP delegated to me. So obviously they strip that out and only go based upon what is truly in the account, not the amount delegated. Which actually makes sense since the estimated account value in my wallet does not reflect the delegation either.
Great point to bring up...could really change things.
Very interesting either way.