The fulcrum effect says yes it should lower the pin weight but does increase the trailer weight.
My bigger concern is the extra stress you put on the mounting of the holding tank. It is in the rear of the trailer and has more bounce movement back there again from fulcrum effect and being loaded it is a lot of weight.
Other members have commented that the mounting for holding tanks is minimal and there are no understarps helping to hold it in place.
Also you have increased the combined gross vehicle weight of your truck and trailer by over 480 pounds.
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