CryptoMedium•4 November 2026•
1 min read
Zcash Jumps 5.8% as Short Liquidations Hit $2.14 Million
Key Facts
1Zcash price jumped 5.8% in four hours to reach $1,266 on the Binance spot market.
2Short liquidations totaled $2.14 million in the preceding hour.
3The token recorded an overall 24-hour gain of 11.80%.
Zcash price jumped 5.8% in four hours to reach $1,266 on the Binance spot market. TokenPost reported that the surge was triggered by short liquidations totaling $2.14 million within a single hour, forcing buy-backs that accelerated the upward momentum.
The token recorded an overall 24-hour gain of 11.80% according to TokenPost. This price action on November 4, 2026, was characterized by a short squeeze where bearish liquidations significantly outweighed long liquidations, supporting the rapid recovery in the altcoin's valuation.