According to BlockBeats citing Hyperinsight data, on May 11, within one hour, two major ZEC long holders on Hyperliquid closed a total position of $28 million. Loracle was identified as the largest ZEC long holder. It fully closed a $19 million position at an average price of $567 per share, realizing a profit of $6.88 million based on a build average of $387. Whale 0x76d entered with $8.9 million before the price retraced, and ultimately exited with a loss of $328k. ZEC fell 7% over the past 24 hours, and the trading price was $569 as of the time of reporting.