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
$107,698.50+0.19%
Ethereum24h
$2,483.33+1.72%
XRP24h
$2.19+0.03%
BNB24h
$654.67+0.78%
Solana24h
$150.66+0.20%
TRON24h
$0.2777+0.62%
Dogecoin24h
$0.1659+1.17%
Cardano24h
$0.5668+0.99%
Hyperliquid24h
$39.99+3.94%
Bitcoin Cash24h
$497.92+1.53%
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%.
-
MicroStrategy insiders keep dumping MSTR stock—by Protos Staff
-
61% of USDD collateral now in one vault — funded entirely by HTX—by Protos Staff
-
Bitcoin dev wants to ban 3,000 Knots nodes amid OP_RETURN clash—by Protos Staff
-
Circle execs and VCs misread the market — it cost them $2B—by Protos Staff
-
Five tricks to using investor funds to buy bitcoin—by Protos Staff
-
Crypto casino Luckio under fire for shady code, $500K influencer deals—by Protos Staff
-
Circle grows faster than Tether this year—by Protos Staff
-
What happened to WBTC on TRON?—by Protos Staff
-
Bitcoin rally stalls despite corporations, funds buying billions—by Protos Staff
