More likely both. The OP says the drone was descending and that the altimeter readout on the display had begun to show red (a value below launch elevation) when the drone crashed.
I'm not an expert, but I can tell you that the reason you crashed into the ocean is because you were flying too low and the waves were higher than you anticipated. In addition, you may have panicked when you determined that a crash was imminent...
It's not as if news outlets are spewing out accounts of the gateway drug of minor drone infractions leading to an epidemic of serious emergency room visits. I wouldn't expect to see one ambulance after another dropping off folks injured by...