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Zcash (ZEC) drops 2.06% in one hour despite 1% daily gain, with $560K long liquidations on major exchanges.

Market News
05 Nov 2026, 15:01 WIB
Tokenpost
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Bearish
Zcash (ZEC) drops 2.06% in one hour despite 1% daily gain, with $560K long liquidations on major exchanges.

Zcash (ZEC) experienced a 2.06% price drop within one hour, falling from $1,322 to $1,295 on Binance's ZEC/USDT spot market. Despite this short-term decline, ZEC's price was up 1.01% over the previous 24 hours. During the same hour, long liquidations on Binance, Bybit, and OKX totaled $560,000, while no short liquidations occurred. This indicates significant selling pressure in the short term, even as the daily trend remains slightly positive.

Following the recent short-term price drop of Zcash noted on Binance, ZEC is trading at Rp23.725.889 on Pluang as of Nov 05, 2026 20:23 WIB. The coin shows a positive 1.55% change over the past 24 hours on Pluang, with a market cap of Rp7,04 trillion and a 24-hour trading volume of Rp787,62 million. Notably, all Pluang order activity for ZEC is currently sell orders, with an average hold time of 108 days among investors.

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