Bitcoin broke through 79,700 Mg and "knocked on the door at 80,000 U"! Micro-strategy BTC floating profit exceeds 10 billion magnesium

After Trump's election, Bitcoin has been rising continuously in recent days. After breaking through $77,000 yesterday, it continued to surge today, breaking through the $79,000 mark, reaching a high of $79,788 in the afternoon, setting a new historical high, and being only one step away from $80,000. However, Bitcoin later began to fall back and is currently trading at $78,978, up 3.3% in the last 24 hours. According to Coinglass data, in the past 24 hours, the total amount of cryptocurrency liquidations across the network reached $385 million, with $106 million in long positions and $279 million in short positions, and over 130,000 people were liquidated. Among them, the amount of Bitcoin liquidations was the largest, reaching $130 million, followed by Ethereum at $64.78 million, and the 3rd to 5th largest liquidations were Dogecoin at $21.77 million, SOL at $16.67 million, and HMSTR at $14.19 million. As Bitcoin approaches $80,000, the unrealized gains of the Bitcoin holding giant MicroStrategy (MicroStrategy) have also exceeded $10 billion for the first time. According to the latest statistics from bitcointreasuries, MicroStrategy currently holds 252,220 Bitcoins, with a holding value of $19.86 billion and a total cost of $9.9 billion, with an average purchase price of around $39,266 and unrealized gains of about $10 billion. The surge in the cryptocurrency market over the weekend also made BitMEX founder Arthur Hayes sentimental, as he tweeted that he missed the old days when the cryptocurrency market was highly volatile and full of opportunities on weekends.