$BTC

The price of Bitcoin is currently above $103,000, driven by buyers attempting to push it towards its all-time high of $109,588.

This bullish movement coincides with recent data provided by the research firm Santiment, which indicates significant accumulation of Bitcoin by market whales and sharks.

According to Santiment's post on platform X, these entities, which control between 10 and 10,000 Bitcoins, have added 83,105 BTC to their holdings in the last 30 days.

This considerable accumulation by large investors is interpreted by the firm as a signal that surpassing Bitcoin's all-time high "could be imminent," generating optimism among investors.