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Zcash price jumps 3.28% in an hour despite 24-hour decline, driven by heavy short liquidations.

Market News
30 Oct 2026, 18:23 WIB
Tokenpost
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Bullish
Zcash price jumps 3.28% in an hour despite 24-hour decline, driven by heavy short liquidations.

Zcash (ZEC) saw its price rise 3.28% within one hour to $1,258 on Binance, even as its 24-hour performance remained down by 4.44%. This short-term price increase was accompanied by significant short liquidations totaling $390,000, far exceeding the $10,000 in long liquidations. Zcash holds the 11th position by market capitalization at around $20.79 billion. The sharp short liquidations suggest traders covering positions amid recent volatility, which could influence near-term price movements.

Following the recent volatility and short liquidations in Zcash, the token is currently trading on Pluang at Rp22.384.129, down 6.79% over the past day as of Oct 30, 2026 22:42 WIB. The market cap stands at Rp7,04 trillion with a 24-hour trading volume of Rp787,62 million. Notably, all Pluang order activity is sell orders, and the typical hold time for Zcash investors is 107 days.

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