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.
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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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River has sued Blockstream Services Canada over bitcoin mining services—by Protos Staff
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THORChain refuses to block Bitget funds, despite pausing after own hack—by Protos Staff
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Are US Treasuries now a better investment than rental property?—by Protos Staff
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HTX’s proof of reserves doesn’t match its blockchain balances—by Protos Staff
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FTX and Alameda Research still causing the effective altruists problems—by Protos Staff
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Strategy paid $100M extra to buy back the bitcoin it sold—by Protos Staff
