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It's understandable why BTC whales are converting to fiat,

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It's understandable why BTC whales are converting to fiat, since they're dipshits and they think BTC will become worthless all of a sudden on Aug 1, buy why are these same whales draining ETH and LTC? Do they not understand that they're on different blockchains than BTC?
>>
BTC is king BTC rules the market.
If BTC takes a hit the confidence in the whole market decreases.
Most coins are only traded against BTC.
>>
> ITT newfag underestimates Bitcoin
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