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Zcash (ZEC) price drops 2.08% in one hour, liquidations hit $320,000 mainly from bullish traders

Market News
23 Sep 2026
Tokenpost
View Source
Bearish
Zcash (ZEC) price drops 2.08% in one hour, liquidations hit $320,000 mainly from bullish traders

Zcash (ZEC) experienced a 2.08% price decline within one hour, falling from $1,654 to $1,619 on Binance spot trading as of Sept. 23. The drop triggered liquidations totaling $320,000, predominantly from long (bullish) positions amounting to $310,000 across Binance, Bybit, and OKX, while short positions accounted for $10,000. At the time, Zcash ranked ninth in market capitalization, valued at approximately $27.4 billion. This movement highlights volatility in the crypto market and the risks for traders holding bullish bets during sudden price drops.

Zcash's market cap on Pluang stands at Rp7,04 trillion with a 24-hour trading volume of Rp787,62 million as of Sep 23, 2026 19:21 WIB. Despite the article noting a 2.08% drop to $1,619, ZEC on Pluang shows a 1-day gain of 5.58%, trading at Rp28.879.904. The typical hold time for ZEC investors on Pluang is 106 days, indicating a medium-term investment horizon among users.

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