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Zcash (ZEC) drops 2.72% in one hour, liquidations hit $460K on major exchanges

Market News
19 Oct 2026
Tokenpost
View Source
Bearish
Zcash (ZEC) drops 2.72% in one hour, liquidations hit $460K on major exchanges

Zcash (ZEC) experienced a sharp 2.72% price drop within one hour, falling from $1,169 to $1,137 on Binance's spot market. Despite this hourly decline, the 24-hour change was minimal at -0.07%. During this period, liquidations on Binance, Bybit, and OKX totaled $460,000 in long positions, indicating significant short-term selling pressure. ZEC remains the 10th largest cryptocurrency by market capitalization, valued at approximately $19.86 billion, highlighting the impact of this price movement within a major digital asset.

While Zcash dropped 2.72% in an hour on Binance, on Pluang it gained 1.34% over the past day, trading at Rp20.446.951 as of Oct 19, 2026 18:23 WIB. Its market cap on Pluang stands at Rp7,04 trillion with a circulating supply at 78% of the max 21 million ZEC. This contrasts with the short-term selling pressure noted in the article, highlighting different market dynamics on Pluang.

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