Bitcoin Tests $100,700 Support as Long-Term Holders Offload 815,000 BTC

Bitcoin fell to approximately $100,700 on Wednesday, marking a 3.5% weekly decline. Long-term holders have sold more than 815,000 BTC over the past month, raising concerns that reduced liquidity could push prices toward the $98,000 level. Market participants are watching whether continued selling pressure and elevated leverage will drive the asset into lower liquidity zones.