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.
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