TechFlow News: On June 5, according to Hyperinsight monitoring data, during ZEC’s sharp price decline, Loracle—a well-known trader on Hyperliquid—saw the unrealized loss on their long position continually widen. In response to the downward trend, this address persistently added to its long position against the market, executing large-scale margin injections to hold the position. It accumulated longs down to approximately $250, lowering its average entry price from above $500 to $354.
Through this averaging-down strategy, its total position size has surged to $10.8 million, comprising 34,800 ZEC longs, making it the largest ZEC long on the Hyperliquid platform. As of press time, this long position carries an unrealized loss of $1.6 million (–130%) and remains actively accumulating.
Additionally, this address currently holds long positions in several assets—including HYPE, ZEC, and WLD—bringing its total long exposure across the account to $34.6 million, with an unrealized loss of $4 million.
