No. It is just the market as is. Traders trade, goats ... There is a misunderstanding here. This “panic selling” does not have any effect on LTC. LTC has been around very long & is known to many long timers as the original BTC binary. Featured on websites like bitcoinwisdom along with BTC since forever. It is a super testnet for BTC network too. u/coblee was just a founder chikun, spreading tech through LTC to other chikuns. Who cares if he has or doesn’t have coins? 1k.coin sell walls? Ha ha ha ha! Do you forget 1LTC was just 3 dollars? There are chikuns hodling 2 orders of magnitude that amount & of course they do not care. u/coblee is not a ceo. LTC is not a company. It is a network PROTOCOL. As a lightning enabled network with atomic swap capability LTC is positioned very well. All this fud actually did is get rid of the short sighted goats out of this sub leaving the original chikuns, accumulators & consolidating hedge fund managers.