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Zcash (ZEC) price jumps 2.33% amid heavy short liquidations on Binance and other exchanges

Market News
26 Oct 2026, 18:06 WIB
Tokenpost
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Bullish
Zcash (ZEC) price jumps 2.33% amid heavy short liquidations on Binance and other exchanges

Zcash (ZEC) surged 2.33% to $1,250 on Binance's ZEC/USDT spot market within one hour on October 26, driven by significant short liquidations totaling around $410,000 across Binance, Bybit, and OKX. Long liquidations were minimal in comparison, at about $10,000. This price increase reflects a shift in market sentiment as short sellers were forced to close positions, pushing ZEC's market cap to an estimated $20.8 billion. The event highlights volatility in the cryptocurrency market and may influence trader strategies going forward.

While Zcash jumped 2.33% on Binance within an hour, on Pluang it shows a slightly higher 1-day gain of 3.92% as of Oct 26, 2026 22:21 WIB, trading at Rp22.767.744. Its market cap on Pluang stands at Rp7,04 trillion with a circulating supply of 16.3 million ZEC, about 78% of the total supply. The typical hold time of 107 days suggests steady investor interest compared to the recent volatility noted in the news.

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