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Zcash (ZEC) price drops 3% in one hour amid heavy long liquidations.

Market News
12 Nov 2026, 01:15 WIB
Tokenpost
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Bearish
Zcash (ZEC) price drops 3% in one hour amid heavy long liquidations.

Zcash (ZEC) experienced a 3.04% price drop within one hour, falling to $971 from $1,001, driven by significant long liquidations totaling $1.83 million across Binance, Bybit, and OKX exchanges. Short liquidations were much lower at $210,000, making long liquidations about 8.7 times higher. Over the full 24-hour period, ZEC declined 6.38%, reflecting broader selling pressure. The market cap of ZEC stands at approximately $17.08 billion, ranking it 11th in the market. This sharp decline highlights increased selling activity and potential volatility ahead for ZEC investors.

Zcash is trading at Rp17.518.180 on Pluang with a 7.05% decline over the past day as of Nov 12, 2026 06:32 WIB. The platform shows a market cap of Rp7,04 trillion and a 24-hour trading volume of Rp787,62 million, with all order activity currently on the sell side. This aligns with the reported sharp price drop and heavy long liquidations in the news, indicating strong selling pressure and heightened volatility for ZEC.

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