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Zcash (ZEC) jumps 4.05% in an hour despite a 24-hour decline, driven by heavy short liquidations.

Market News
15 Oct 2026
Tokenpost
View Source
Bullish
Zcash (ZEC) jumps 4.05% in an hour despite a 24-hour decline, driven by heavy short liquidations.

Zcash (ZEC) surged 4.05% within one hour to $1,154 on October 15, recovering $45 in value despite ending the day 1.27% lower overall. This short-term gain occurred alongside $2.12 million in liquidations across Binance, Bybit, and OKX, with short positions making up 93% of the liquidations. The sharp hourly rebound highlights volatility in ZEC's price, reflecting active trading and short-covering. However, the token's price remains down for the full 24-hour period, indicating broader selling pressure.

Zcash price movement is the subject, with Pluang market data as context for readers. As of Oct 16, 2026 04:31 WIB, among 50 major cryptocurrencies on Pluang, 34 rose and 15 fell. Notable gainers include BAL at Rp16.297 with an 11.14% increase, CRV at Rp6.436 rising 9.25% with 98% buy order activity, and EOS at Rp12.649 up 8.13%.

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