---
title: "ZECはなぜ5分で1.90%下落したのか？根拠・市場データ検証 · 2026-10-23"
description: "ZECはGate · USDTの5分観測区間で-1.90%変動しました。原因は未確定であり、周辺の報道は因果関係を証明しません。"
language: ja
canonical: "https://whycoinmoves.com/ja/events/zcash-move-1792794720"
published: 2026-10-23T22:33:00.000Z
updated: 2026-10-23T23:35:00.000Z
indexable: true
---

# ZECはなぜ5分で1.90%下落したのか？根拠・市場データ検証 · 2026-10-23

ZECはGate · USDTの5分観測区間で-1.90%変動しました。原因は未確定であり、周辺の報道は因果関係を証明しません。

Nearby report sources (context, not confirmed causes): No matching source available

## Key facts

ZECは5分間で-1.90%変動しました（23/10/2026, 22:27〜23/10/2026, 22:32, UTC; Gate · USDT）。原因は未確定です。
On the OKX perpetual swap ZEC-USDT-SWAP around the alert: funding rate +0.0004% per 8h period; open interest +0.10% (23/10/2026, 22:25 → 23/10/2026, 22:30); liquidations at least $619,554 long / at least $48 short (UTC). These are conditions that accompanied the move, not its cause.
検知後の観測リターン：5分: -0.91% (BTC比差 -0.89 pt; 23/10/2026, 22:33 → 23/10/2026, 22:38, UTC; Gate · USDT)；1時間: -1.80% (BTC比差 -1.54 pt; 23/10/2026, 22:33 → 23/10/2026, 23:33, UTC; Gate · USDT)。記載のない時間枠は未取得です。

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source |
| --- | --- | --- | --- | --- | --- |
| 5分 | -0.91% | -0.02% | -0.89 pt | 23/10/2026, 22:33 → 23/10/2026, 22:38 | Gate · USDT |
| 1時間 | -1.80% | -0.26% | -1.54 pt | 23/10/2026, 22:33 → 23/10/2026, 23:33 | Gate · USDT |
| 24時間 | — | — | — | — | — |

## Detected price interval

| Metric | Value |
| --- | --- |
| Window | 5 min |
| Sampled prices | 1221.29 → 1198.04 |
| Return / BTC difference | -1.90% / -1.70 pt |
| OKX無期限先物ファンディング率（期間あたり） | 0.0004% / 8h · OKX · ZEC-USDT-SWAP · sampled 23/10/2026, 22:34 (UTC) · 収集時点で観測されたレートであり、年율換算利回りや確定決済値ではありません。 |
| OKX無期限先物建玉（OI）変化率 | +0.10% · OKX · ZEC-USDT-SWAP · sampled 23/10/2026, 22:34 (UTC) · 23/10/2026, 22:25 → 23/10/2026, 22:30 (UTC) · 建玉はドル換算額ではなくコイン数量ベースで計測。 |
| 観測されたロング清算額 | 少なくとも $619,554 · OKX · ZEC-USDT-SWAP · sampled 23/10/2026, 22:34 (UTC) · 23/10/2026, 22:27 → 23/10/2026, 22:33 (UTC) · APIカバレッジが不完全なため、0の場合を含め下限値となります。 |
| 観測されたショート清算額 | 少なくとも $48 · OKX · ZEC-USDT-SWAP · sampled 23/10/2026, 22:34 (UTC) · 23/10/2026, 22:27 → 23/10/2026, 22:33 (UTC) · APIカバレッジが不完全なため、0の場合を含め下限値となります。 |
| Detection threshold | 1.5% |
| Source | Gate · USDT |

[Research: announcement timing and causality](<https://whycoinmoves.com/ja/research/announcement-timestamps-and-causality.md>)

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | false |
| Coverage | 0.0% (0/720) |
| Median absolute hourly return | — |
| 99th percentile of absolute hourly returns | — |
| BTC beta | — |
| Source / cutoff (UTC) | Gate · USDT / 23/10/2026, 22:32 |

## Claims and open questions

- No independently verified causal explanation is available.

## Source evidence



## Recent ZEC events and market reactions

- [ZECはなぜ1分で0.74%下落したのか？根拠・市場データ検証 · 2026-10-23](<https://whycoinmoves.com/ja/events/zcash-move-1792720080>) — 受信 23/10/2026, 01:48 (UTC) · 原因未確定 · 価格急変動 · 5m -0.50% / 1h -0.50%
- [Full coin archive](<https://whycoinmoves.com/ja/coins/zcash>)

## 他銘柄の直近の価格急変動イベント

- [IRYS: IRYSはなぜ1分で7.75%下落したのか？根拠・市場データ検証 · 2026-10-24](<https://whycoinmoves.com/ja/events/irys-move-1792800840>)
- [IRYS: IRYSはなぜ5分で19.63%上昇したのか？根拠・市場データ検証 · 2026-10-24](<https://whycoinmoves.com/ja/events/irys-move-1792800540>)
- [PEARL: PEARLはなぜ1分で2.98%上昇したのか？根拠・市場データ検証 · 2026-10-23](<https://whycoinmoves.com/ja/events/pearl-2-move-1792798140>)
- [価格急変動](<https://whycoinmoves.com/ja/topics/market>)

## Research for this archive

- [Monero XMR and Zcash ZEC: delistings, liquidity and USD vs USDT](<https://whycoinmoves.com/ja/research/privacy-coin-delistings-and-quote-currency-isolation.md>)
- [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns](<https://whycoinmoves.com/ja/research/hourly-returns-and-bitcoin-beta.md>)
- [Crypto liquidity and order book depth: a historical data audit](<https://whycoinmoves.com/ja/research/order-book-data-quality.md>)
- [Perpetual funding rates and annualized yield: a 2025 comparison](<https://whycoinmoves.com/ja/research/funding-rates-versus-investor-returns.md>)

[Methods and limitations](<https://whycoinmoves.com/ja/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.