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Zcash (ZEC) price drops 8% in 24 hours, liquidating $1.57M in long positions on Binance, Bybit, and OKX

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Zcash (ZEC) price drops 8% in 24 hours, liquidating $1.57M in long positions on Binance, Bybit, and OKX

Zcash (ZEC) experienced a sharp price decline, falling 2.48% within one hour to $1,202 and extending its 24-hour loss to 8.01%. The price dropped from $1,233 to $1,202 on Binance's spot market. During this period, long positions worth $1.57 million were liquidated across major exchanges Binance, Bybit, and OKX, while no short positions were liquidated. Zcash remains the 10th largest cryptocurrency by market capitalization, valued at approximately $20.8 billion. This decline highlights increased selling pressure and potential volatility for ZEC holders.

Zcash (ZEC) on Pluang trades at Rp21,513,944 as of Oct 08, 2026 18:04 WIB, showing a 1-day decline of 7.82%, closely aligning with the article's reported daily loss. Its market cap stands at Rp7.04 trillion with a 24-hour volume of Rp787.62 million. This price level is within the context of 78% of its total circulating supply of 16.3 million ZEC out of 21 million, indicating a significant portion of the coin is actively held or traded on the platform.

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