On March 16, 2026, Bitcoin jumped about $1,800 in roughly 30 minutes to a ~40-day high near $74,300, triggering around $113 million in short liquidations within an hour. The same day, BTC was described as approaching a $74,000–$74,100 liquidity zone, with supports cited at $71,500, $70,300, and $69,000–$69,500. Elsewhere in market activity, Lookonchain-referenced data said Erik Voorhees bought 23,393 ETH worth about $49.08 million at an average of roughly $2,098.