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Zcash Slides 6.50% in Four Hours to $1,384 as Daily Loss Hits 11.76%
ZEC fell from $1,480 four hours earlier, while same-hour liquidations totaled $10,000 in long positions and $20,000 in shorts.
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Zcash (ZEC) fell 6.50% in four hours to $1,384 at 12:28 a.m. ET (04:28 UTC) on Sept. 29, extending its 24-hour decline to 11.76%.
The token was trading at $1,480 four hours earlier. The latest price was calculated from public exchange prices on Binance’s spot ZEC/USDT market.
Liquidations across Binance, Bybit and OKX during the same hour totaled $10,000 in long positions and $20,000 in short positions.
The move puts ZEC among the largest crypto assets by market capitalization, with its market value listed at about $23.29879 billion.
