Zcash's rally runs into a test as traders cut leveraged bets

Zcash's rally runs into a test as traders cut leveraged bets

ZEC has fallen sharply after a steep two-month rise. One venue’s open interest contracted faster than the token’s price, suggesting positions were closed as the market turned. That is evidence of a leverage reset, not proof of who sold first…

Zcash Drops 11% to $1,356 as $28.7 Million of Longs Are Liquidated in 12 Hours

Zcash (ZEC) fell sharply on Tuesday as traders unwound leveraged long positions after a month-long rally pushed the privacy-focused cryptocurrency to stretched levels. ZEC dropped as low as $1,356 intraday on September 29, extending its 24-hour decline to 10.7%. The move came alongside a wave of futures liquidations, with long positions accounting for $28.74 million of liquidations over 12 hours, according to data cited by Bloomingbit. The publi…

Zcash (ZEC) Plunges 12% Daily: Healthy Correction or the End of the Rally?

"It needs some of the air let out," one analyst stated.

Zcash falls 8.5 percent as open interest shrinks 13.5 percent: the level that decides

Zcash costs around $1,464 on the evening of September 28, 2026, 8.5 percent less than 24 hours earlier. There is no trigger in the project: no upgrade was postponed, no exchange halted trading, no authority intervened. What changed is the amount of borrowed money sitting on the price. Open interest...

Zcash Falls 4.2% In One Hour To $1,456 As Long Liquidations Hit $6.5 Million

ZEC was down 9.63% over 24 hours at 3:37 p.m. ET on Sept. 28, based on Binance spot trading data.