According to ChainCatcher, Zcash (ZEC) surged to $618 on Hyperliquid earlier today (May 9), up 8% in 24 hours, according to Hyperinsight monitoring data. The largest beneficiary is on-chain trader Loracle, whose long position floating gains have reached $7.7 million. The position was opened on April 24 at 10x leverage when ZEC was around $340, with continuous rollover and position increases. Loracle’s long position now stands at 20.7 million ZEC with an average entry price of $387, making him the largest ZEC long holder on-chain. The position remains open without profit-taking.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.