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Zcash (ZEC) price drops 2.62% in one hour amid $3.47M long liquidations

Market News
23 Sep 2026
Tokenpost
View Source
Bearish
Zcash (ZEC) price drops 2.62% in one hour amid $3.47M long liquidations

Zcash (ZEC), a privacy-focused cryptocurrency, saw its price fall 2.62% within an hour to $1,582 on September 23. The drop occurred on Binance's spot market, down from $1,625 just an hour earlier. During this period, long positions worth $3.47 million were liquidated across Binance, Bybit, and OKX, while short liquidations totaled $210,000. Zcash remains the ninth largest crypto by market cap, valued at about $27.7 billion, highlighting significant market volatility in privacy coins.

While Zcash dropped 2.62% in one hour to $1,582 as reported, on Pluang it trades at Rp28,165,157 with a 1-day gain of 3.61% as of Sep 23, 2026 21:35 WIB. This contrasts with the sharp short-term dip noted in the article, showing a recovery or different market dynamics on Pluang. ZEC's market cap on Pluang is Rp7.04 trillion, with a 24-hour volume of Rp787.62 million, reflecting active trading and investor interest despite volatility.

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