I think the bitfinex event (though a real thing) is just used for propaganda to generate the behaviour you are observing right now.
There would be no reason, to dump your BTC because, of the Bitfinex event, for any person that has a well functioning brain,
they are just not really connected at all. Bitcoin is not Bitfinex. If an exchange is loosing Bitcoins, its the exchange that has a problem and not BITCOIN.
But now one group is dumping BTC and another (rich) group is buyng BTC and because panic is not connected to reason, ETC is runnig mad.
I think most people are beginning to act  (trade) not because of foresight, but because they think others would act,
or because they got aware that they should better have acted before. At the moment the first group is buying ETC and the second
group is buying those BTC, that people are dumping without any reason. Many dump their altcoins, to get funds, to dance for the wales.
Wise people are keeping cool and buying good coins cheap today.
They are in panic and they are following a rigged game of some powerful people.
They will stop doing that, when the wales are getting bored with them ...

have fun
Matthias
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