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Zcash Drops 2.01% in One Hour to $1,617 as Long Liquidations Reach $700,000

ZEC remained up 4.93% over 24 hours, while long liquidations reached $700,000 across Binance, Bybit and OKX during the same hour.

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Silver cryptocurrency coin beside a liquidation marker / TokenPost.ai
Silver cryptocurrency coin beside a liquidation marker / TokenPost.ai

Zcash (ZEC) fell 2.01% in one hour to $1,617 at 10:47 a.m. ET (14:47 UTC) Sept. 27, extending a sharp intraday move while remaining up 4.93% over the past 24 hours.

The price dropped from $1,650 to $1,617 on Binance’s spot ZEC/USDT market. The figures come from TokenPost’s direct collection and calculation of publicly available exchange prices.

Long liquidations totaled $700,000 across Binance, Bybit and OKX during the same hour, compared with $20,000 in short liquidations. Zcash ranked ninth by market capitalization at about $27.9634 billion.

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