Zcash Drops 2.35% in One Hour Amid $960K Long Liquidations

Zcash (ZEC) experienced a sharp decline of 2.35% within an hour, dropping to $1,333 as of 9:57 p.m. ET on October 6, 2026 (01:57 UTC on October 7). The drop was accompanied by long liquidations totaling $960,000 across major exchanges like Binance, Bybit, and OKX. Over a 24-hour period, the price fell by 1.27%.

The cryptocurrency had been trading at $1,365 just an hour prior to the decline. Notably, short liquidations remained at $0 during the same period. Zcash's market capitalization stood at approximately $22.98 billion at the time of the report.

All price and liquidation figures were calculated by TokenPost based on exchange market data. The drop in ZEC's value reflects broader market volatility, though no specific catalysts were mentioned in the report.