I think I was considering it a bit of moot point that ETH would be one of the two people retreat back to. It is a bit of a guess, but I would wager that a portion of this relates to the effects of coinbase withdrawl ability. In order to withdrawl from CB, you have to be on ETH, BTC, or LTC. LTC has minimal intrinsic value as we have discussed, so it follows that the new investors without access to other fiat exchanges would do that. I wonder if there is a way to quanitfy the "coinbase effect" in all aspects. That would be interesting to see.