For those who have not visited the Queen's court this week? You should do so.
Spoilers ahead. Just so you know.
This week features the "Thank You" Truth to Power entry.
In it, Savathun is speaking with a Thrall. Bad news though. There is a specific passage in it:
"If I am to take my tribute from the keeping of secrets... where else are secrets better kept than beneath the event horizon? My brother ruled the flat space of infinity, but I prefer these tide-washed depths... and in time, I shall make them my dominion."
We have not had confirmation of what is on Titan, but we are looking at the biggest sign that the creature in the ocean is without a doubt Savathun which appears to be using the ocean for both power and for hiding secrets.
You should also know the next passage read, "Ur the Ever-Hunger heard this and was pleased."
It's been a long stretched theory that Hive worms and the original gods never truly separated in the sense they followed along to receive their tributes firsthand. This is why Oryx's dreadnaught was still littered with lieutenant after lieutenant even post demise and their own demise feeding tribute to something. Some of those weren't even Taken. This theory indicated Oryx had, in some small form, discovered secrets which allowed for those select few to be returned and in doing so, continue tribute. A guess had been to a shadow throne entity which would inherit the wealth upon claiming the throne or one of the original worm gods. It would appear Savathun, in her cunning, has found a similar trait considering Ur the Ever-Hunger is also present here for some reason.
There is another encrypted verse to be followed up in another post, but this particular week is all, but confirming that Savathun is the creature... and she has definitely been planning if she has us on two fronts.
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An “event horizon” is the point in which the gravitational pull of a black hole is strong enough that light cannot escape. So when she says she is hiding secrets under the events horizon means she is probably near a black hole.