Whale's ZRO long partially liquidated after slide to $1.4, Onchain Lens says

Huo Xing Finance reported that Onchain Lens data on April 19 pointed to losses at KelpDAO tied to a LayerZero bridge vulnerability, estimated at about $294 million. The incident triggered a sharp move in LayerZero's ZRO token, which fell from $2 to $1.4. As ZRO dropped, a large HyperLiquid trader's leveraged long position in ZRO was partially liquidated, locking in a loss of $2.88 million. The whale remains in the trade, with unrealized losses now above $750,000 and cumulative losses estimated at roughly $28.98 million.