Galaxy Digital, the cryptocurrency-focused investment company of famous billionaire Mike Novogratz, attracted attention with the long position it took on Bitcoin (BTC) and Ethereum (ETH).
Galaxy Digital has started its preparations for a possible rise. According to data provided by the on-chain analysis platform Lookonchain, the company Compound (COMP) And Aave (AAVE) on decentralized exchanges (DEX) Bitcoin (BTC), Ethereum (ETH) He took a long position.
Data courtesy of Galaxy Digital $142 million 4,168 WBTC with 28.6 million dollars 16 thousand ETH deposited and then 71.6 million Tether (USDT) And 21.9 million USD Coin (USDC) He revealed that he borrowed money.
The company has a long position in the cryptocurrency market with millions of dollars opened with Bitcoin and Ethereum collateral. bull He made it clear that he had a directional attitude.
Novogratz, the founder of the company, has frequently come to the fore with his statements supporting Bitcoin and Ethereum in the past period. Novogratz 2024 In his prediction for the year, Bitcoin 500 thousand dollars He stated that he would reach the band.
According to CoinGecko data, Bitcoin has increased in the last 24 hours. 0.3%Ethereum 0.1%AAVE 2.8% showed an upward performance.