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Zcash price jumps 4.63% in hours, fueled by heavy short liquidations on Binance and others

Market News
24 Sep 2026
Tokenpost
View Source
Bullish
Zcash price jumps 4.63% in hours, fueled by heavy short liquidations on Binance and others

Zcash (ZEC) surged 4.63% within four hours to $1,550 on September 24, despite a slight 0.96% drop over the previous 24 hours. The rally was driven by significant liquidations totaling $870,000 across Binance, Bybit, and OKX, mostly from short positions worth $830,000. This sharp move highlights strong market volatility and the potential for rapid price swings in ZEC, which remains the ninth-largest cryptocurrency by market cap at about $25.5 billion. Investors should watch for continued volatility as short squeezes can lead to further price spikes or corrections.

Zcash is trading at Rp27,671,982 with a 1-day gain of 2.56% on Pluang as of Sep 25, 2026 00:22 WIB. The platform shows a market cap of Rp7.04 trillion and a 24-hour trading volume of Rp787.62 million, indicating active investor interest. This trading activity complements the recent surge and short liquidations reported in the news, highlighting ongoing volatility in ZEC.

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