Zcash Falls 8.5%: Open Interest Down 13.5%

Zcash costs around $1,464 on the evening of September 28, 2026, 8.5 percent less than 24 hours earlier. There is no trigger in the project: no upgrade was postponed, no exchange halted trading, no authority intervened. What changed is the amount of borrowed money sitting on the price. Open interest in ZEC futures contracts on the OKX exchange shrank by 13.5 percent within 24 hours, considerably more than the price itself. This piece shows where those numbers come from, what they say about the days ahead and which three things hang on them for you as a holder in Europe.

Zcash falls to $1,464: the numbers on the pullback

CoinGecko price data show Zcash at $1,464.12 on the evening of Monday, September 28, 2026, the equivalent of €1,287.77. That is 8.5 percent less than the previous day. Within those 24 hours the high stood at $1,601.85 and the low at $1,449.25, so the range amounts to a good 10 percent of the price. Trading turnover adds up to $1.12 billion, market capitalisation to $24.82 billion. That puts ZEC ninth among the largest crypto-assets.

The pullback only looks large inside the daily window. Over seven days Zcash is up 0.78 percent, over 30 days 74.51 percent and over 60 days 209.95 percent. Individual market reports from the same day put the month at around 83 percent; the divergence from our figure arises from the chosen reference date. What is dependable is the range between 74 and 83 percent, not the single number. ZEC remains 54 percent away from its all-time high of $3,191.93 set in October 2016.