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Zcash (ZEC) price drops over 5% in 24 hours with significant liquidations on major exchanges

Market News
09 Nov 2026, 18:26 WIB
Tokenpost
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Bearish
Zcash (ZEC) price drops over 5% in 24 hours with significant liquidations on major exchanges

Zcash (ZEC) experienced a price decline of 2.64% within one hour, falling to $1,198 on November 9, and a total drop of 5.19% over the previous 24 hours. During this period, liquidations of $460,000 in long positions and $10,000 in short positions occurred across major exchanges Binance, Bybit, and OKX. This reflects increased market volatility and forced closures of leveraged trades, impacting ZEC's market capitalization of approximately $20.84 billion. The exact cause of the price drop remains unclear.

Zcash (ZEC) on Pluang trades at Rp21.326.429 as of Nov 09, 2026 23:42 WIB, down 6.51% over the past day, a slightly larger decline than the 5.19% drop noted in the article. Its market cap on Pluang stands at Rp7,04 trillion with 78% of its total supply circulating. The typical hold time of 108 days suggests moderate investor engagement compared to other assets on the platform.

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