Yesterday morning, the market began to be flooded with information related to on-chain movements carried out by the former exchange Mt. Gox.
Around 141,000 coins have been moved to a new address, but apparently nothing has actually been distributed to the market yet.
While novice investors believe this could bring the market down, it will be important to look for price levels for optimized new purchases.
Although a large number of coins have moved, these funds have mostly gone to a new consolidation address and are not expected to impact the markets as much as imagined.
To do this, we can observe the region of the realized price of 1 to 3 month currencies as a zone of buyer interest,
Written by caueconomy
