Zcash Falls 2.62% in One Hour to $1,582 as Long Liquidations Total $3.47M
Zcash traded at $1,582 on Binance at 10:24 a.m. ET Wednesday, after falling from $1,625 one hour earlier.
Zcash (ZEC) fell 2.62% in one hour to $1,582 at 10:24 a.m. ET (14:24 UTC) on Sept. 23, marking a sharp decline in the privacy-focused cryptocurrency’s market price.
The token was trading at $1,582 on Binance’s spot ZEC/USDT market, down from $1,625 one hour earlier. The figures reflect TokenPost’s direct collection and calculation of publicly available exchange prices.
Long positions accounted for $3.47 million of liquidations across Binance, Bybit and OKX during the same hour. Short liquidations totaled $210,000.
Zcash had a market capitalization of about $27.7366 billion and ranked ninth among crypto assets by market value at the time of the reading.
