Bitcoin Falls Below $104,000 as Long-Term Holders Sell 405,000 BTC Worth $42 Billion

Bitcoin traded near $102,572, down 3.04% in 24 hours and 8% over the week. Long-term holders sold over 405,000 BTC valued at approximately $42.3 billion in the past month, according to CryptoQuant analyst Maartunn. The cryptocurrency remains above the $100,000 level despite the distribution.