# Zcash Falls 3.73% in an Hour to $1,296 on Binance Spot

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/26473
Published: 2026-10-02T19:23:17.000Z
Updated: 2026-10-02T19:23:17.000Z
Section: Investing

> The decline was measured at 3:21 p.m. ET (19:21 UTC) Oct. 2. ZEC was down 1.72% over 24 hours.

Zcash (ZEC) fell 3.73% in one hour to $1,296 at 3:21 p.m. ET (19:21 UTC) Oct. 2 on Binance’s ZEC/USDT spot pair.

The price was $1,347 an hour earlier. ZEC was down 1.72% over the previous 24 hours.

Long liquidations across Binance, Bybit and OKX totaled $12.98 million during the same hour, while short liquidations totaled $70,000. Liquidations occur when exchanges close leveraged positions after traders can no longer meet margin requirements.