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Zcash Falls 2.08% in One Hour to $1,619 as Long Liquidations Reach $310,000

Zcash traded at $1,619 on Binance spot at 8:09 a.m. ET (12:09 UTC) on Sept. 23. Long liquidations exceeded short liquidations by $300,000 across three exchanges.

Plain coin beside a phone displaying a falling line / TokenPost.ai / TokenPost.ai
Plain coin beside a phone displaying a falling line / TokenPost.ai / TokenPost.ai

Zcash (ZEC) fell 2.08% in one hour to $1,619 at 8:09 a.m. ET (12:09 UTC) on Sept. 23.

ZEC dropped from $1,654 to $1,619 over the hour on Binance spot trading.

Liquidations were concentrated among bullish positions. Long positions accounted for $310,000 of liquidations across Binance, Bybit and OKX, while short positions totaled $10,000 during the same period.

Zcash ranked ninth by market capitalization at about $27.39527 billion at the time of the move.

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