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Zcash sees $11.95M liquidations as price drops 5% in one hour on Oct 2

Technical Signals
02 Oct 2026
Tokenpost
View Source
Bearish
Zcash sees $11.95M liquidations as price drops 5% in one hour on Oct 2

Zcash (ZEC) experienced $11.95 million in liquidations within one hour on October 2, mostly from long positions totaling $11.94 million. This liquidation event occurred as ZEC's price fell 5.01%, dropping from $1,366 to $1,298. The data covers liquidations on Binance, Bybit, and OKX exchanges but does not explain the cause of the price decline or liquidations. Liquidations happen when leveraged positions fail to meet margin requirements and are forcibly closed by exchanges.

Zcash (ZEC) trades at Rp23,275,635 on Pluang as of Oct 03, 2026 02:03 WIB, down 3.22% in the past day. The platform shows a market cap of Rp7.04 trillion and a 24-hour trading volume of Rp787.62 million. This trading activity follows the recent liquidation event where $11.95 million in ZEC long positions were closed within an hour, highlighting ongoing volatility in the asset.

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