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Zcash (ZEC) drops 6.53% in four hours, wiping out $91 from its price on Binance.

Market News
29 Oct 2026, 23:12 WIB
Tokenpost
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Bearish
Zcash (ZEC) drops 6.53% in four hours, wiping out $91 from its price on Binance.

Zcash (ZEC) experienced a sharp 6.53% price drop within four hours on Binance, falling from $1,391 to $1,300. This short-term decline erased $91 from its value, while the 24-hour loss was a smaller 0.62%. During the same period, over $1.2 million in liquidations occurred, mostly from long positions. Zcash remains the 11th largest crypto asset by market cap at about $22.45 billion. This indicates a significant short-term sell-off despite a relatively stable daily performance.

Zcash holds a market cap of Rp7,04 trillion on Pluang as of Oct 30, 2026, 03:33 WIB, with a 24-hour volume of Rp787,62 million. Despite the sharp drop noted in the article, ZEC's price on Pluang shows a slight 1-day gain of 0.34%, while order activity is fully on the sell side. Typical holding time for ZEC investors on Pluang is 107 days, indicating a medium-term investment horizon among users.

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