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Zcash sees $10.11M in liquidations as price drops 5.53% in one hour

Market News
28 Sep 2026
Tokenpost
View Source
Bearish
Zcash sees $10.11M in liquidations as price drops 5.53% in one hour

Zcash (ZEC) experienced $10.11 million in liquidations within an hour ending at 9:23 p.m. ET on September 28, primarily from long positions which accounted for $10.08 million of the total. The token's price fell 5.53%, dropping from $1,477 to $1,396 during this period. These liquidation figures are based on data from Binance, Bybit, and OKX exchanges and highlight significant short-term volatility for ZEC, which was ranked ninth by market capitalization at the time. This event signals potential caution for traders as rapid price movements can lead to substantial losses.

While Zcash saw $10.11 million in liquidations primarily from long positions as reported, on Pluang the token trades at Rp25.011.277 with a sharper 1-day decline of 11.61% as of Sep 29, 2026 08:41 WIB. This drop contrasts with its circulating supply at 78% of the total 21 million ZEC, and Pluang order activity shows a full 100% sell sentiment, indicating strong bearish momentum among investors currently holding ZEC for an average of 107 days.

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