Option to hide bounding box on move

Please add an option to allow hiding an object’s bounding box and coordinates when moving it. I would prefer to only see the path shape when moving to better see where I am positioning it. The bounding box is not useful during translation and obstructs precise positioning.

Indeed, very much required feature when eyeballing the precise position and margins of an object within the larger layout. We need the ability to disable/hide the bounding box or any distracting elements that are not part of the final design.