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Zcash leads crypto liquidations with $28.73M closed and a 10% price drop in 12 hours

Market News
29 Sep 2026
Tokenpost
View Source
Bearish
Zcash leads crypto liquidations with $28.73M closed and a 10% price drop in 12 hours

Zcash (ZEC) experienced the highest forced liquidations in the crypto market over a 12-hour period ending early Sept. 29, with $28.73 million in positions closed. This liquidation volume surpassed that of Ether ($15.58 million) and Bitcoin ($15.08 million) during the same timeframe. Alongside the liquidations, ZEC's price fell nearly 10%, trading at around 1,404 USDT. This significant sell-off highlights increased volatility and risk in Zcash compared to other major cryptocurrencies during this period.

Zcash's market cap on Pluang stands at Rp7.04 trillion as of Sep 29, 2026 13:21 WIB, with a 1-day price drop of 9.62%, closely matching the article's noted decline. Trading volume for ZEC was Rp787.62 million, and all recent Pluang order activity was sell-side, reflecting strong selling pressure. Meanwhile, Bitcoin trades higher by 0.92% at Rp1.51 billion per coin with a market cap of Rp30,013.93 trillion, showing contrasting momentum among major cryptocurrencies on Pluang.

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