ZEC Surges 38% in a Month, Loracle Once Again Realizes Multi-Million Dollar Unrealized Gain, Long Position ROI 530%

BlockBeats News, July 15, according to Hyperinsight Monitoring, ZEC continued to strengthen, rising by about 11.1% on Hyperliquid in the past 24 hours, with a trading volume of around $169 million. Starting from $401.42 at the beginning of the month, it has risen by about 37.8% this month, and is now trading at $553.10.

This round of gains was once again captured by the trader Loracle (0x8de), the biggest winner on-chain. They currently hold a 10x leveraged long position of 49,563.75 ZEC, with a nominal value of approximately $27.414 million, an average entry price of $362.28, an unrealized profit of about $9.458 million, a return of approximately 526.7%, and their account funds surged by $6.836 million within the day.

It is reported that this position has been gradually accumulated for over a month and a half. Loracle reopened a bottom long position in ZEC on May 30. During the ZEC flash crash due to negative news from June 5 to June 6, they contrarianly increased the position to 37,661.1 ZEC, and by June 26, the position had increased to 49,564 ZEC, forming the main position. Since then, this address has fully benefited from all the price surges in July.

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