@mining1 your logic
was already retorted upthread.
That doesn't mean you couldn't possibly be correct, but it seems plausible given the economics I explained upthread that the miners and/or pools have avoided signaling SegWit support while the whales accumulated and the miners prepared (i.e. to quietly hoard all the Scrypt ASIC supply).
I'd prefer to have better information on the details of that hypothesis. But sometimes the chart will tell you all the details summarized into the volume of the move. Money and markets are an information signaling system (imperfect that they are due to centralized manipulation).
The Litecoin volume today is 50% of the Bitcoin volume! Litecoin has never seen this level of volume before.
I hadn't realized the special advantage that Litecoin has for enabling SegWit as compared to sunk costs driven stalemate in Bitcoin. Now I (posit a hypothesis which I think I) understand the special economics which apply to Litecoin at this juncture in history.
Think of it this way; for your theory to work, would mean a part of the money would have to move from bitcoin's whales to litecoin. BTC already has a civil war, a huge flippening threat from ethereum, and now you're telling me btc whales desperately want ltc segwit to pass and are boarding too with a part of their money ? Can't be, btc whales are not suicidal, they would risk too much. If they wanted to exit, they would have done it by now.
Whales will simply not risk their wealth for something as dumb as this, kill the largest part of their wealth just to move it into another coin lol.
LTC's volume is just a pump. Most of btc's value that moved away from it in fear, moved into ethereum. But know what all these other altcoins had in common ? Each of them had their own shares of pump series, because they all tried to attract the money flow from bitcoin and into making people believe there's where money's moving.