ZEC was down 11.56% over 24 hours as long liquidations reached $2.66 million across three exchanges.
Zcash fell 9.36% over 24 hours as one-hour long liquidations reached $5.07 million across three major exchanges.
ZEC was down 4.29% over 24 hours at 5:49 p.m. ET Monday, based on directly collected spot-market data.
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.
Zcash gains 5% near $1,280 amid short liquidations and growing interest in its NU7 upgrade, which targets 25-second blocks in November.
ZEC was up 3.80% over 24 hours despite the sharp hourly decline recorded at 7:48 a.m. ET on Oct. 12.
Zcash led crypto inflows with $22.56 million over five hours, ahead of Solana, NEAR, ether and bitcoin. Bitcoin posted the largest outflow at $108.96 million.
ZEC, NEAR and SOL led net inflows, while USDC saw the largest net outflow at $67.26 million. BTC and ETH also posted net outflows.
Zcash price rises 8% to around $1,325 as trading volume jumps 175%. Analysts watch $1,330 and $1,400 while technical indicators show mixed momentum.
Zcash rose from $1,284 to $1,346 in one hour and gained 9.54% over 24 hours, based on exchange prices collected at 1:08 a.m. ET.
The ranking of the top ten largest cryptos, excluding stablecoins, is evolving. Zcash, Monero and Hyperliquid are now entering the list, while Cardano and Chainlink are falling back.
The single liquidation occurred in Binance's ZEC perpetual futures market at 12:36 a.m. ET (04:36 UTC) on Oct. 12.