CryptoMediumUpdated•Originally published 16 October 2026•Updated 16 October 2026•
1 min read
Zcash Hits $1,239 as Short Liquidations Climb to $2.73 Million
Key Facts
1Zcash (ZEC) price rose 11.56% in four hours to reach $1,214 on Binance Spot.
2Short liquidations totaled approximately $1.3 million across Binance, Bybit, and OKX platforms.
Zcash price rose to $1,239 as short liquidations reached $2.73 million within a one-hour window on October 15, 2026. The price action was driven by intense buying pressure resulting from the forced closure of short positions across major exchanges.
The liquidation volume of $2.73 million pushed the asset past its previous daily peak of $1,214. ZEC was trading at $1,088 prior to the acceleration in volatility, with the latest surge significantly outperforming the earlier reported 24-hour growth rate.