Bitcoin pushes past $75,000 as rally continues.

The current price of BTC is $74808.51, with a 7.18% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 100 million US dollars, with the main liquidation being short orders and BTC liquidation being 74.55 million US dollars (74.19%). The data is for reference only.

According to AI, an on chain analyst, the position of a certain address has decreased from $129 million to $150000 in the past two days.

"Bears in pain, right now," wrote bitcoin analyst James Check.

The cryptocurrency market has experienced a $222 million short position explosion in the past 60 minutes. （Watcher.Guru）

A giant whale who short $85.58 million worth of BTC through rolling positions was liquidated yesterday, losing $1.112 million on 240 BTC. This morning, it voluntarily reduced its position on 350 BTC, claiming a loss of $2.581 million, and the margin utilization rate dropped to 101%; The giant whale currently holds a 40x short position of 610.01 BTC, worth $45.58 million, with a floating loss of $4.783 million. (Auntie Ai)