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Zcash Falls 2.48% in One Hour to $1,202, Extending Daily Loss

ZEC was down 8.01% over 24 hours at 6:47 a.m. ET Thursday, while long liquidations reached $1.57 million across three exchanges.

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Silver coin beside a sharply tilted red metal bar / TokenPost.ai
Silver coin beside a sharply tilted red metal bar / TokenPost.ai

Zcash (ZEC) fell 2.48% in one hour to $1,202 at 6:47 a.m. ET (10:47 UTC) Thursday, extending its 24-hour decline to 8.01%.

The move took ZEC from $1,233 one hour earlier to $1,202 on Binance’s spot ZEC/USDT market. The figures were calculated from exchange prices collected at the stated time.

Long positions worth $1.57 million were liquidated across Binance, Bybit and OKX during the same one-hour period. Short liquidations totaled $0.

Zcash ranked 10th by market capitalization, at approximately $20.80041 billion.

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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