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Zcash (ZEC) price drops nearly 12% in 24 hours, hitting $1,390 amid $10 million liquidations

Market News
28 Sep 2026
Tokenpost
View Source
Bearish
Zcash (ZEC) price drops nearly 12% in 24 hours, hitting $1,390 amid $10 million liquidations

Zcash (ZEC) experienced a sharp price decline of 6.05% within one hour on September 28, dropping from $1,480 to $1,390 and extending its 24-hour loss to nearly 12%. This sudden drop triggered liquidations totaling over $10 million on major exchanges including Binance, Bybit, and OKX, mostly affecting long positions. Despite the decline, Zcash remains the ninth largest cryptocurrency by market capitalization, valued at approximately $24.67 billion. The price movement highlights the volatility in the crypto market and may influence investor sentiment going forward.

Zcash is currently priced at Rp25.165.193 on Pluang, showing a 10.70% decrease over the past day as of Sep 29, 2026 08:52 WIB. The market capitalization stands at Rp7,04 trillion, with a 24-hour trading volume of Rp787,62 million. Notably, all Pluang order activity is on the sell side, and the typical holding period for ZEC investors is 107 days.

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Zcash sees $10.11M in liquidations as price drops 5.53% in one hour

Zcash sees $10.11M in liquidations as price drops 5.53% in one hour

Zcash (ZEC) experienced $10.11 million in liquidations within an hour ending at 9:23 p.m. ET on September 28, primarily from long positions which accounted for $10.08 million of the total. The token's price fell 5.53%, dropping from $1,477 to $1,396 ...

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Zcash price drops 8.5% to $1,464 as leveraged futures positions unwind on OKX exchange

Zcash price drops 8.5% to $1,464 as leveraged futures positions unwind on OKX exchange

On September 28, 2026, Zcash (ZEC) price fell 8.5% to about $1,464 without any project-specific trigger. The decline coincided with a 13.5% drop in open interest on ZEC futures contracts at OKX, indicating leveraged positions were being closed rather...

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Cardano's Midnight blockchain could surpass Zcash in privacy crypto, says founder Charles Hoskinson.

Cardano's Midnight blockchain could surpass Zcash in privacy crypto, says founder Charles Hoskinson.

Charles Hoskinson, founder of Input Output Global and Cardano, predicts that Midnight, a privacy-focused blockchain and Cardano partner chain, could eventually outgrow Zcash. Midnight's native token NIGHT has recently gained about 21%, attracting att...

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Zcash price drops 9.63% in 24 hours, hitting $1,456 amid $6.5M long liquidations.

Zcash price drops 9.63% in 24 hours, hitting $1,456 amid $6.5M long liquidations.

Zcash (ZEC) experienced a significant price decline of 9.63% over 24 hours, falling from $1,520 to $1,456 within one hour on September 28. This drop was accompanied by $6.5 million in long position liquidations across major exchanges Binance, Bybit, ...

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Zcash (ZEC) drops 7.2% in 24 hours, hitting $1,492 amid $2.14M long liquidations on major exchanges

Zcash (ZEC) drops 7.2% in 24 hours, hitting $1,492 amid $2.14M long liquidations on major exchanges

Zcash (ZEC) experienced a sharp decline, falling 7.2% over 24 hours to $1,492 as of September 28. The price dropped from $1,523 within an hour, reflecting significant market movement. This decline coincided with $2.14 million in long position liquida...

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