[....]
I think it's more a speculative move ,especially many altcoins dump is huge,
There may be some who speculated but it's not as simple as that. What would you do if you are from the US and the exchanges says you can no longer trade your altcoins after a certain date since it's been flagged as a security? It's only natural that you would also sell them all before it's delisted and then convert it to other crypto not considered as security like BTC or ETH.