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Zcash Rises 3.53% in Four Hours to $1,599 With $320,000 in Shorts Liquidated
ZEC was down 3.10% over 24 hours as of 9:07 a.m. ET on Sept. 28, despite the short-term gain.
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Zcash (ZEC) climbed from $1,545 to $1,599 in four hours, gaining 3.53% by 9:07 a.m. ET (13:07 UTC) on Sept. 28 as short-position liquidations reached $320,000 during the same hour.
The move came despite ZEC trading 3.10% below its level 24 hours earlier. Long-position liquidations totaled $20,000 over the same one-hour period.
The price figures come from TokenPost’s direct collection of public exchange prices, using Binance’s spot ZEC/USDT market. Zcash ranked ninth by market capitalization at about $27.0198 billion at the time of the measurement.
