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Zcash (ZEC) drops 2.22% in an hour despite daily gains, with $710K long liquidations on Binance, Bybit, and OKX.

Market News
12 Oct 2026
Tokenpost
View Source
Bearish
Zcash (ZEC) drops 2.22% in an hour despite daily gains, with $710K long liquidations on Binance, Bybit, and OKX.

Zcash (ZEC) experienced a 2.22% price drop within one hour on October 12, falling from $1,312 to $1,282 on Binance's ZEC/USDT spot market. Despite this short-term decline, ZEC remained up 3.80% over the past 24 hours. During the same hour, long liquidations across major exchanges Binance, Bybit, and OKX totaled $710,000, while no short liquidations occurred. This indicates some traders closed long positions amid the price dip, reflecting market volatility in the digital asset space.

As of Oct 12, 2026 19:02 WIB, Zcash (ZEC) trades at Rp23.045.492 on Pluang, showing a 4.45% increase over the past 24 hours. The coin's circulating supply stands at 16.3 million ZEC, representing 78% of its maximum supply, with a market cap of Rp7,04 trillion. ZEC's typical hold time on Pluang is 107 days, highlighting steady investor interest despite short-term price fluctuations.

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