Zcash (ZEC) fell sharply on Tuesday as traders unwound leveraged long positions after a month-long rally pushed the privacy-focused cryptocurrency to stretched levels. ZEC dropped as low as $1,356 intraday on September 29, extending its 24-hour decline to 10.7%. The move came alongside a wave of futures liquidations, with long positions accounting for $28.74 million […] The post Zcash Drops 11% to $1,356 as $28.7 Million of Longs Are… appeared first on ETF Alerts .