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Zcash (ZEC) jumps 4.79% in an hour amid $4.29M short liquidations on major crypto exchanges

Market News
06 Nov 2026, 16:47 WIB
Tokenpost
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Bullish
Zcash (ZEC) jumps 4.79% in an hour amid $4.29M short liquidations on major crypto exchanges

Zcash (ZEC) surged 4.79% within one hour to $1,374 on Binance spot trading, marking a 6.72% rise over 24 hours. This price increase coincided with $4.29 million in short liquidations across Binance, Bybit, and OKX, far exceeding the $40,000 in long liquidations during the same period. The strong short squeeze indicates significant market pressure on bearish positions, highlighting ZEC's growing market activity and investor interest. ZEC remains the 10th largest cryptocurrency by market cap, valued at over $22 billion.

Zcash trades at Rp24,404,586 on Pluang as of Nov 06, 2026 22:02 WIB, showing a 5.84% gain in the last day. The market cap stands at Rp7.04 trillion with a 24-hour volume of Rp787.62 million. Typical holding time on Pluang is 108 days, indicating steady investor interest alongside recent price movements.

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