The Mt. Gox issue is not over yet. Today, 42,587 BTC worth $2.85 billion was transferred from the Mt. Gox cold wallet. Of these, approximately 37,000 will be repaid to repay creditors. However, it is important to remember that there have been several Mt. Gox repayment issues recently, but the market has handled them easily.
As a result, the price temporarily fell and is currently hovering around $66.7k. This price range is very close to the average purchase price of $66.5k for 1-3 month BTC holders.
If that support breaks down 🟢You should watch the average purchase price range of 3-6 month holders, $63.6k.
Written by Yonsei_dent