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Galaxy Digital Founder Reveals Holding HYPE Long Position

By: theblockbeats.news|2025/08/24 17:12:06

BlockBeats News, August 25th, Galaxy Digital Founder and CEO Mike Novogratz replied to Syncracy Capital co-founder Ryan Watkins' tweet about "Hyperliquid platform's BTC spot trading volume in the past 24 hours exceeding the sum of Coinbase and Bybit," stating: "Impressive work. Full disclosure, we hold a long position in the HYPE token."

Analyst: If ETH's weekly closing price holds above $4600, it may further rise to $5200 to $5500.

A Two-Bitcoin Ancient Whale Stakes 275,500 ETH, Worth $1.3 Billion