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Two Major ZEC Long Holders Liquidate $28M Combined Positions on Hyperliquid Within 1 Hour on May 11

Derivatives Data

2026-05-11 08:21:59

ZEC-4.28%

According to BlockBeats, citing Hyperinsight data, two major ZEC long holders on Hyperliquid unwound a combined $28 million in positions within one hour on May 11. Loracle, identified as the largest ZEC long holder, fully closed a $19 million position at an average price of $567, realizing a profit of $6.88 million against a build-in average of $387. Whale 0x76d, which had entered with $8.9 million ahead of the price pullback, exited at a loss of $328,000. ZEC declined 7% over 24 hours, trading at $569 at the time of reporting.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Hyperliquid allocates $50.95 million for a single month, leading the DeFi yield rankings

Market Whisper05-11 05:53

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