On November 5, Bloomberg reported that Bitcoin fell by 7.4% on Tuesday, breaking the $100,000 mark for the first time since June of this year. In the past month, long-term Bitcoin holders have sold approximately 400,000 coins, equivalent to about $45 billion in outflows, causing an imbalance in the market. This round of decline is primarily driven by continuous selling in the Spot market, with market attention focused on those long-term holders who chose to sell.