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Zcash (ZEC) drops 2.02% in one hour with $840K long liquidations, despite 24-hour gains.

Technical Signals
11 Oct 2026
Tokenpost
View Source
Bearish
Zcash (ZEC) drops 2.02% in one hour with $840K long liquidations, despite 24-hour gains.

Zcash (ZEC) experienced a 2.02% price drop within one hour on October 11, falling from $1,273 to $1,247 on Binance's ZEC/USDT spot market. During this period, long liquidations amounted to $840,000 across Binance, Bybit, and OKX, while no short liquidations were recorded. Despite the hourly decline, ZEC remained up 1.53% compared to 24 hours earlier and held the 10th position by market capitalization at approximately $21.56 billion. No specific reason was identified for the sudden price movement.

Following the recent price drop in Zcash, the cryptocurrency remains resilient on Pluang, trading at Rp22,334,453 with a 1.90% gain over the past day as of Oct 12, 2026 04:32 WIB. The market capitalization stands at Rp7.04 trillion, supported by a circulating supply of 16.3 million ZEC, which is 78% of the total supply. Investors on Pluang typically hold ZEC for about 107 days, indicating a moderate-term interest in the asset.

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