Bitcoin has declined below $102,000, breaking its 365-day moving average for the first time in over three years. CryptoQuant's Bull Score Index fell to zero, a level last recorded before the 2022 bear market. The cryptocurrency trades at $102,298, down nearly 7% for the week and more than 16% for the month.

Bitcoin accumulator addresses increased from 130,000 to 262,000 over a two-month period, representing 101% growth, data show. These holders acquired more than 375,000 BTC in the past 30 days. On November 5, deposits exceeded 50,000 BTC within 24 hours.

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.