# Zcash Drops 2.09% in One Hour to $1,240 as Long Liquidations Hit $1.58M

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30467
Published: 2026-10-12T16:59:34.000Z
Updated: 2026-10-12T16:59:34.000Z
Section: Investing

> ZEC fell from $1,267 over the same period and was down 2.82% over 24 hours. The figures were measured at 12:59 p.m. ET on Oct. 12.

Zcash (ZEC) fell 2.09% in one hour to $1,240 as of 12:59 p.m. ET (16:59 UTC) on Oct. 12, extending its 24-hour decline to 2.82%.

The price dropped from $1,267 to $1,240 over the hour. The measurement used Binance’s spot ZEC/USDT market and TokenPost’s direct collection of exchange prices.

Long liquidations totaled $1.58 million across Binance, Bybit and OKX during the same period. Short liquidations reached $140,000.

The move leaves ZEC lower on both the one-hour and 24-hour measures, with no confirmed cause provided in the available market data.