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
$63,654.32+1.51%
Ethereum24h
$1,724.58+1.62%
BNB24h
$586.04+2.00%
XRP24h
$1.15+1.64%
Solana24h
$72.05+5.11%
TRON24h
$0.3222+0.59%
Hyperliquid24h
$70.55+4.71%
Dogecoin24h
$0.0840+1.71%
UNUS SED LEO24h
$9.56-0.32%
Zcash24h
$469.15+4.61%
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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