Trader Loracle posts 526.7% gain on 10x ZEC long
AI Market Summary
ZEC is extending a sharp rally (about +11% in 24h; about +38% month-to-date) alongside heavy Hyperliquid volume (~$169m). On-chain/perp monitoring highlights a whale account holding a 10x full-position long (~49,564 ZEC; ~$27.4m notional) with large unrealized PnL, underscoring crowded long exposure and elevated leverage. Near-term, this can amplify volatility via liquidations and momentum flows.
Impact level
● Medium
Affected assets
ZEC/USDT+9.72%
AI Insight · ZEC/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Odaily Planet Daily, citing Hyperinsight data, said ZEC extended its rally on Hyperliquid, up about 11.1% over the past 24 hours on roughly $169 million in turnover. After starting the month at $401.42, ZEC has risen about 37.8% month-to-date and was last quoted at $553.10.
Trader Loracle (0x8de) is holding a fully deployed 10x leveraged long position in ZEC totaling 49,563.75 coins, representing around $27.41 million in notional exposure. The position carries an average entry price of $362.28 and shows an unrealized profit of about $9.458 million, implying a return of roughly 526.7%. It is currently the account's largest unrealized position. Hyperinsight data show the account's equity increased by $6.836 million today alone.
The report said the position was built gradually over more than a month and a half. Loracle reopened a base long in ZEC on May 30, then added aggressively during the selloff from June 5 to 6 following negative news, lifting the position to 37,661.1 ZEC. By June 26, holdings had expanded to 49,564 ZEC, completing the core position. Since then, the address has captured the full upside from ZEC's July advance.
