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Zcash Rises 4.12% in Four Hours to $1,390 on Binance Spot

The move came as ZEC remained down 0.92% over 24 hours. One-hour liquidations totaled $140,000 across three exchanges.

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A gold cryptocurrency coin rests beside a dark market display / TokenPost.ai
A gold cryptocurrency coin rests beside a dark market display / TokenPost.ai

Zcash (ZEC) climbed 4.12% in four hours to $1,390 on Binance’s ZEC/USDT spot market at 4:06 a.m. ET (08:06 UTC) Oct. 2, while remaining lower over the 24-hour period.

The four-hour increase took ZEC from $1,335 to $1,390. Its price was down 0.92% compared with 24 hours earlier.

Liquidations across Binance, Bybit and OKX totaled $140,000 during the same one-hour period: $60,000 in long positions and $80,000 in short positions.

The shorter-term rise came alongside a slight 24-hour decline, leaving the two price measures pointed in opposite directions.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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