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Zcash Falls 6.05% in One Hour to $1,390 as Long Liquidations Hit $10.08M

Zcash was down 11.98% over 24 hours, while short liquidations totaled $30,000 across three major exchanges.

Mentioned assets
Silver token resting on a cracked black trading counter / TokenPost.ai
Silver token resting on a cracked black trading counter / TokenPost.ai

Zcash (ZEC) fell 6.05% in one hour to $1,390 at 9:28 p.m. ET on Sept. 28 (01:28 UTC on Sept. 29), extending its 24-hour decline to 11.98%. The price dropped from $1,480 during the hour.

The price was measured from the Binance spot ZEC/USDT market using publicly available exchange prices. Liquidations across Binance, Bybit and OKX during the same hour totaled $10.08 million for long positions and $30,000 for short positions.

Zcash ranked ninth by market capitalization at about $24.67089 billion at the time of the move.

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