Understanding the 74k, not guessing, can only be achieved by looking at two statistical measures.
For example, if 74k people got new Coinbase accounts yesterday, and there were 74k unconfirmed transactions, nobody would think anything of it.
Similar, if 150k transactions with tiny fees and 74k unconfirmed transactions, there's the answer.
But just the 74k unconfirmed transaction number, could be anything.