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Zcash (ZEC) price drops 3.56% with $510K in long positions liquidated in one hour

Market News
07 Nov 2026, 15:33 WIB
Tokenpost
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Bearish
Zcash (ZEC) price drops 3.56% with $510K in long positions liquidated in one hour

Zcash (ZEC) experienced a 3.56% price decline over four hours, falling from $1,325 to $1,278 as of Nov. 7. This drop was sharper than the 2.16% decrease observed over the previous 24 hours. During a one-hour period, $510,000 worth of long positions were liquidated across Binance, Bybit, and OKX, indicating strong selling pressure on bullish bets. The data highlights a significant market correction with more long positions being closed out than short positions, signaling bearish sentiment among traders.

Zcash's market cap on Pluang stands at Rp7,04 trillion as of Nov 07, 2026 20:41 WIB, with a 24-hour trading volume of Rp787,62 million. The coin is currently priced at Rp23.049.528, down 3.46% over the past day, closely matching the recent sharp decline noted in the news. Typical holders keep ZEC for about 108 days on Pluang, indicating moderate-term investor interest despite recent volatility.

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