ZEC extended its rally on July 15, with Hyperinsight data showing the token up about 11.1% over the past 24 hours on Hyperliquid and trading volume reaching roughly $169 million. From $401.42 at the start of the month, ZEC has gained about 37.8% and was last quoted at $553.10.
The move again put trader Loracle, identified as address 0x8de, at the top of the on-chain leaderboard for this run. Hyperinsight said the trader is currently holding a 10x fully margined long position of 49,563.75 ZEC, with a notional value of about $27.414 million. The average entry price stands at $362.28, leaving the position with roughly $9.458 million in unrealized profit and a return of about 526.7%. Within the day alone, the account’s equity recovered by around $6.836 million.
According to the data, the position was built over more than one and a half months. Loracle reopened a base long in ZEC on May 30, expanded the position to 37,661.1 ZEC during the June 5-6 sell-off tied to negative developments, and raised holdings to 49,564 ZEC by June 26, when the core position was in place. The address then captured the full upside of ZEC’s July rally.
ZEC kept climbing on July 15, according to Hyperinsight, with the token up about 11.1% over the past 24 hours on Hyperliquid. Trading volume reached roughly $169 million. From $401.42 at the beginning of the month, ZEC has risen about 37.8% and was last quoted at $553.10.
Loracle leads the on-chain profit table in the latest ZEC run
Hyperinsight said trader Loracle, identified as address 0x8de, was again the biggest on-chain winner in the latest move. The account is currently holding a 10x fully margined long position of 49,563.75 ZEC, with a notional value of about $27.414 million. The average entry price is $362.28, leaving the position with roughly $9.458 million in unrealized profit and a return of about 526.7%. Within the day alone, the account’s equity rebounded by around $6.836 million.
The position was built over more than six weeks
The data shows the trade was accumulated over more than one and a half months. Loracle reopened a base long position in ZEC on May 30. During ZEC’s sharp decline on June 5 and June 6, when negative developments were weighing on the market, the trader added against the move and expanded the position to 37,661.1 ZEC. By June 26, holdings had increased to 49,564 ZEC, forming the core position. The address then captured the entire ZEC upswing seen since July.
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