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Zcash drops 16% to $1,115 triggering $38M in long liquidations

Bitcoin.com News reports Zcash fell to $1,115 on Thursday, wiping out gains since mid-September and triggering over $38 million in leveraged long liquidations.

Why it matters

The sharp decline in Zcash, which had been a top performer in 2026, shows the asset's vulnerability to broader market sell-offs despite its year-to-date gains. The Winklevoss ETF filing signals institutional interest in the privacy coin.

Key facts

Zcash price fell to $1,115 on Thursday October 8, 2026

1,115 USDReported by Bitcoin.com News

Zcash declined approximately 16% on the day

16 %Reported by Bitcoin.com News

Zcash remains up over 120% year-to-date in 2026

120 %Reported by Bitcoin.com News

Monero (XMR) declined about 4.5% on the day

4.5 %Reported by Bitcoin.com News

Winklevoss Asset Services submitted an SEC filing for a spot zcash ETF (WINK) targeting a Nasdaq listing

Reported by Bitcoin.com News

What happened

Bitcoin.com News reported that Zcash (ZEC) dropped to $1,115 on Thursday, a 16% decline that erased all price gains accumulated since September 16. The sell-off triggered over $38 million in leveraged long liquidations. While bitcoin and other major altcoins fell 3% to 7%, and rival privacy coin monero (XMR) declined about 4.5%, Zcash remained up over 120% year-to-date in 2026. The outlet also noted that Winklevoss Asset Services had submitted an SEC filing for a spot zcash ETF (WINK) targeting a Nasdaq listing.

How the story developed

  1. First report

    First report by Bitcoin.com News

    Zcash Dives 16%, Falling Harder Than Bitcoin Amid Market Sell-Off

    Bitcoin.com News

  2. Update

    Zcash price drops to $1,115 with 16% daily decline

    Price falls from above $1,330 late Wednesday to $1,115, wiping out gains since September 16

    Bitcoin.com News

  3. Official statement

    Winklevoss Asset Services files for spot Zcash ETF

    SEC filing submitted for WINK ETF targeting Nasdaq listing

    Bitcoin.com News

  4. Update

    Over $38M in leveraged long liquidations triggered

    Sharp sell-off causes significant liquidations in ZEC perpetual futures

    Bitcoin.com News

Affected entities

Also mentioned: Gemini, Optimism

Original sources

PublisherReportRolePublished
Bitcoin.com News
Company, official
Zcash Dives 16%, Falling Harder Than Bitcoin Amid Market Sell-OffOriginal