I actually doubt it is. If it was, BTC would go up.
You don't understand how things work.
That's untrue. There is a lot of money in crypto. Just Poloniex has a daily volume of $ 15,707,784 (last 24h). Most of it is ETH.
Plus: In the ICO 3908 investors participated. Poloniex has > 100,000 accounts. They don't show it anymore but back in December and January I've made some screenshots. Most likely there are more than 120,000 accounts now.
And my guess is: Many Ethereum holders will also buy Lisk - just to be on both trains and maybe with some confidence that Lisk could repeat the price dynamic of ETH. It's not impossible to see very high future prices.
Under the line there is some room for buy-pressure if it hits Poloniex and I don't know why they would not add it soon, hopefully today.