Ethereum: Opening the Market and the Historical Depth of the Deal
The Ethereum network has undergone significant growth in recent years and has been consistently increased above $ 1,000. However, this understanding of the historical dynamics of the Altcoin market is essential for traders and investors who want to make conscious decisions. In this article, we will be introduced into the available historical market depth and information on transactions from MTGOX, a popular cryptocurrency exchange that was once the largest.
Data on the depth of historic markets
The historical depth of the market refers to the number of transactions exchanged at the time. These data provide a valuable insight into market volatility, liquidity and investors. Unfortunately, publicly available data on the Ethereum’s historic market has been limited to the MTGox’s historic market.
In 2018, MTGox announced that he had sold its remaining Bitcoin shares to the Japanese government, which caused a significant decline in shares. However, this event did not provide any information on the depth of Ethereum or other cryptocurrency historical market.
Business data
Ethereum transactions provide a more detailed understanding of market function and trade. MTGox has published some information on transactions from their archives that can be accessed through their site.
In 2014, MTGox provided an anonymous data set that had more than 10 million transactions throughout the year 2013. This set of data includes information on the volume of trade, the depth of order and the capitalization of the various cryptocurrency market.
The data together also included detailed transaction metadators, such as the sender and recipient’s address, the amount of transactions and the time tag. However, it is worth noting that this information is anonymized to protect the user’s identity and includes a direct correlation between transactions and certain assets.
Are MTGox Historical Data available in public?
Although the full set of data is available on the MTGOX site, it is highly encrypted and requires special access permits. In addition, due to privacy problems, some of the data sets are limited to public users.
In 2016, a hacking group violated MTGOX servers and published encrypted information from their archives. However, the Japanese authorities quickly turned it off and the data obtained became publicly available using various sources.
Data used by robot
The availability of the historical depth of the market and data on MTGOX transactions is important to create a robot software that can analyze the crypto currency market. Such data points are particularly useful for the construction of robot software:
Conclusion
Although there is limited publicly available market historical depth and transactions on Ethereum of MTGOX, published data provide a valuable insight into market dynamics. The availability of these data can be used by merchants and investors who form robots that analyze the cryptocurrency market. By analyzing this information, you can gain a deeper understanding of market trends, identify potential trade opportunities, and make conscious decisions.
Resources
MTGOX Data Transactions for further reading:
