---
title: "ZEC Price Surges with Significant Gains for On-chain Trader"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285792681.md"
description: "On May 9, ZEC's price surged to $618, an 8% increase in 24 hours. On-chain trader Loracle benefited significantly, with gains of $7.7 million from a long position opened on April 24 at $340, using 10x leverage. Loracle has since increased the position to $20.7 million at an average price of $387, holding the largest long position in ZEC without profit-taking actions."
datetime: "2026-05-09T02:53:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285792681.md)
  - [en](https://longbridge.com/en/news/285792681.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285792681.md)
---

# ZEC Price Surges with Significant Gains for On-chain Trader

On May 9, ZEC experienced a notable price increase, reaching $618 on Hyperliquid, marking an 8% rise over the past 24 hours. According to BlockBeats On-chain Detection, the primary beneficiary of this trend is the on-chain trader Loracle, whose long position has seen substantial gains, amounting to $7.7 million at the time of reporting. The position was initially opened on April 24 with a 10x leverage when ZEC was priced around $340. Since then, Loracle has continued to increase the position size, pushing it to $20.7 million with an average price of $387. Currently, Loracle holds the largest long position in ZEC on-chain, with no profit-taking actions yet. The address associated with this position is 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae.

### Related Stocks

- [BCHG.US](https://longbridge.com/en/quote/BCHG.US.md)
- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [CORZ.US](https://longbridge.com/en/quote/CORZ.US.md)
- [BKKT.US](https://longbridge.com/en/quote/BKKT.US.md)
- [GLXY.US](https://longbridge.com/en/quote/GLXY.US.md)
- [SQ.US](https://longbridge.com/en/quote/SQ.US.md)
- [RIOT.US](https://longbridge.com/en/quote/RIOT.US.md)
- [HUT.US](https://longbridge.com/en/quote/HUT.US.md)
- [MARA.US](https://longbridge.com/en/quote/MARA.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)

## Related News & Research

- [The Hat Selects Square to Power Multi-State Expansion | XYZ Stock News](https://longbridge.com/en/news/286937808.md)
- [Bakkt (BKKT) Is Up 9.1% After Zoth Taps It For Regulated Cross‑Border Stablecoin Payments](https://longbridge.com/en/news/287097731.md)
- [Hut 8 Commits $16 Million to Expand Water Infrastructure in West Feliciana Parish | HUT Stock News](https://longbridge.com/en/news/286894933.md)
- [Bakkt stock: can it really the sustain insider-driven momentum on Tuesday?](https://longbridge.com/en/news/286953729.md)
- [Insider Power Play: Major Bakkt Director Quietly Snaps Up Shares](https://longbridge.com/en/news/286844824.md)