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
$92,457.68-0.94%
Ethereum24h
$3,236.85+0.51%
XRP24h
$2.27-3.05%
BNB24h
$915.90+0.76%
Solana24h
$139.04+0.90%
TRON24h
$0.2949+0.95%
Dogecoin24h
$0.1513+0.78%
Cardano24h
$0.4174+0.13%
Bitcoin Cash24h
$633.13-1.08%
Chainlink24h
$13.83+0.51%
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%.
-
2025’s biggest crypto hacks: From exchange breaches to DeFi exploits—by Protos Staff
-
‘Someone’ is taking advantage of HTX’s reserves—by Protos Staff
-
Jump Trading faces $4B lawsuit over Terraform Labs collapse—by Protos Staff
-
Aave Labs v DAO: Who controls the money — and the brand?—by Protos Staff
-
Michael Saylor: We can solve quantum by freezing Satoshi’s BTC—by Protos Staff
-
Active Solana DEX traders down 79% year-to-date—by Protos Staff
-
The family affairs shaping Tether’s $180B empire—by Protos Staff
-
Strategy’s BTC Yield turns negative for first time in years—by Protos Staff
-
Aave Labs faces backlash over CoW Swap integration—by Protos Staff
