Even a lot of these true crypto believers are trying to spread mass panic. They are doing this to obtain more bitcoin or to make profit on short contracts. They know the true future potential of crypto so its likely they are just stockpiling for the next bullrun which should be starting pretty soon.
Yes I agree. They are doing this strategy to lessen the interest of the new investors and to panic sell their coins at cheaper price. These are part of the game in crypto business industry initiated by the big whales so that they can buy more coins at cheaper price to gain huge profits when prices in the market will reach at its peak. For me, in times like this, we should think of the positive side and to take advantage to buy bitcoin and HODL.