Bitcoin’s weakness near range highs stems from short-term holders trying to break even on underwater BTC investments, Glassnode says.
Source: [CoinTelegraph](https://cointelegraph.com/markets/bitcoin-speculators-in-the-red-keep-price-pinned-below-687k-new-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)