CryptoMedium•11 October 2026•
1 min read
Zcash Rises 3.48% as Short Liquidations Hit $3.59 Million
Key Facts
1ZEC price climbed from $1,241 to $1,284 within a single hour.
2Short liquidations across Binance, Bybit, and OKX totaled approximately $3.59 million.
Zcash price climbed 3.48% to reach $1,284 within a single hour on October 11, 2026. TokenPost reported that the rapid ascent from $1,241 triggered short liquidations totaling approximately $3.59 million across the Binance, Bybit, and OKX exchanges.
The price surge created a short squeeze effect, forcing the liquidation of bearish bets while long liquidations amounted to only $10,000 during the same interval. The digital asset showed qualitative upward momentum following the sharp price action.