Zcash Falls 2.21% in One Hour to $1,336 as Long Liquidations Top $2.86 Million

Zcash (ZEC) fell 2.21% in one hour to $1,336 at 3:31 a.m. ET (07:31 UTC) on Oct. 3, while long liquidations across three major exchanges reached $2.86 million during the same hour.

The price was $1,366 an hour earlier on Binance’s ZEC/USDT spot market. ZEC was down 0.61% over 24 hours at the reported time.

Short liquidations on Binance, Bybit and OKX totaled $30,000 over the same one-hour period. The market capitalization was about $22.996 billion, ranking Zcash 10th by market value in the supplied figures.

The price and liquidation figures reflect exchange data collected and calculated by TokenPost. No cause for the decline was established in the available reporting materials.