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Zcash Liquidations Hit $10.11 Million, Led by Long Positions
Long positions accounted for $10.08 million of liquidations as Zcash fell 5.53% to $1,396 over the hour ending at 9:23 p.m. ET.
Zcash (ZEC) recorded $10.11 million in liquidations during the hour ending at 9:23 p.m. ET (01:23 UTC) on Sept. 28, with long positions accounting for nearly the entire total as the token’s price fell 5.53%.
Long liquidations reached $10.08 million, while short liquidations totaled $30,000. ZEC declined from $1,477 to $1,396 over the same one-hour period.
The tally covers publicly disclosed liquidation data across Binance, Bybit and OKX. The tally covers those three exchanges and does not represent the entire market.
Zcash ranked ninth by market capitalization at the time of the tally.
