ChainCatcher News, according to market news, Mike Novogratz, founder and CEO of Galaxy Digital, responded to a tweet by Ryan Watkins, co-founder of Syncracy Capital, regarding "the total spot trading volume of BTC on the Hyperliquid platform in the past 24 hours exceeding that of Coinbase and Bybit" by stating: "Impressive work. Full disclosure, we hold a long position in HYPE tokens."