BlackRock's BTC holdings have surged past 792,000 BTC, with net inflows exceeding $320 million (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 over the past 3 hours with no outflows to exchanges, highly stable position structure, and exceptionally strong institutional buying interest;

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