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Zcash Falls 2.77% In One Hour To $1,405 As Long Liquidations Reach $570,000
ZEC gained 0.42% over 24 hours, while one-hour short liquidations reached $210,000.
Zcash (ZEC) fell 2.77% in one hour to $1,405 at 3:28 a.m. ET (07:28 UTC) Oct. 1.
The token dropped from $1,445 to $1,405 over the hour. Despite the move, ZEC remained up 0.42% compared with 24 hours earlier.
Long-position liquidations totaled $570,000 across Binance, Bybit and OKX during the same hour, compared with $210,000 in short liquidations. Zcash ranked ninth by market capitalization at approximately $24.36268 billion.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.