#MtGoxTransfers The flood you're referring to is likely the influx of Bitcoin into the market, potentially due to various factors such as:

1. *Miners selling their holdings*

2. *Institutional investors liquidating their positions*

3. *Whales dumping their coins*

Nowadays, the market is indeed experiencing saturation, with:

1. *High supply*: The increased influx of Bitcoin into the market.

2. *Low demand*: The current market sentiment is bearish, leading to decreased demand.

3. *Stablecoin inflows*: The growth of stablecoins has reduced the demand for Bitcoin.

This saturation can lead to:

1. *Price decrease*: The increased supply and decreased demand can push Bitcoin's price down.

2. *Market volatility*: The flood of Bitcoin into the market can create price fluctuations.

However, it's essential to remember that the crypto market is highly unpredictable, and various factors can influence the price. Keep a close eye on market trends and news to stay informed.