Zcash Price Drops 8.5% Amid Leverage Unwind and Shifting Market Dynamics

Zcash's price has taken an 8.5% hit, falling to $1,464 on September 28, 2026, from its previous day's value.

This decline is accompanied by a 13.5% drop in open interest on the OKX exchange, which indicates that more leverage is being unwound than price loss.

The analysis service FXStreet suggests that bullish momentum may be easing and a decline below $1,500 could be possible, marking a turning point for Zcash's September gains.