This is certainly worrying me now. I can barely grasp the technical details. I'm one of those users who got into bitcoin just using local exchanges and use that to send money or buy bitcoins and hold them. I don't know now if this would cause my coins to lose value. I'm not surprised that some people have been selling off their coins. True some of those might be "whales" or whatever but there are also probably those who just find this all complicated and want out before they lose money.
Yea, I hear you... Same here. Still, looking at the markets I can't believe how well BTC is holding up considering amount of negative pressure and contention out there. A few years ago BTC markets would have 20-30% daily swings, and now we are lucky to see 2-3%. I might be imagining things, but to me it feels Bitcoin is maturing and stabilizing with each passing year, and getting more immune to mood swings and publicity out there.