BlackRock holdings broke through 792,000 BTC, with net inflows exceeding 320 million USD (approximately 433 BTC) in the last 24 hours, serving as the core bullish force driving this price breakthrough to 74,000;

◦ Continuous net inflows of approximately 45 million USD over the past 3 hours, with no selling transfers to exchanges, highly stable holdings structure, and extremely strong institutional buying appetite;

◦ Core market maker Jane Street continuously swept orders in the 73,500-74,000 range, with buy-side orders on the order book 35% higher than sell-side orders, actively pushing up prices.