Exclusive: Tether whale Heka thinks MicroStrategy is expensive
Heka Funds is one of the largest USDT arbitrage funds. We asked its manager to comment on Tether as well as MicroStrategy and BTC.
Bitcoin24h
$94,574.43+1.28%
Ethereum24h
$1,791.76+1.19%
XRP24h
$2.18-0.08%
BNB24h
$600.92-0.74%
Solana24h
$150.27-0.81%
Dogecoin24h
$0.1854+2.76%
Cardano24h
$0.7140+0.42%
TRON24h
$0.2441+0.19%
Sui24h
$3.58+5.63%
Chainlink24h
$14.99-0.09%
Exclusive: Tether whale Heka Funds manager explains 100% returns
Heka sub-fund Elysium Global Arbitrage Fund buys Tether from one exchange and sells it on another, taking the difference in the spread.
Meet Heka Funds, the Tether whale that never stops giving
Malta-based Tether client and stablecoin whale Heka Funds regularly turns a profit and since inception has seen returns of 100%.
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Tether thinks Jack Mallers will keep focus on Twenty One’s BTC, not USDT—by Protos Staff
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Has your senator invested in cryptocurrency?—by Protos Staff
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Zora abandons NFTs without warning, launches airdrop with zero rights—by Protos Staff
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BlackRock and MicroStrategy hold more BTC than Satoshi—by Protos Staff
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What’s the deal with Zora, Base, and content coins?—by Protos Staff
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Abandoned DeFi websites used to host crypto wallet drainers—by Protos Staff
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Chinese chip used in bitcoin wallets is putting traders at risk—by Protos Staff
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MicroStrategy bought BTC at nearly the worst possible price last week—by Protos Staff
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Gold has outperformed bitcoin by nearly 40% this year—by Protos Staff
