Zcash Gains 2.04% in One Hour to $1,258 as Short Liquidations Hit $1.83M

Zcash (ZEC) rose 2.04% in one hour to $1,258 on Binance spot ZEC/USDT at 11:58 a.m. ET (15:58 UTC) on Oct. 11, based on TokenPost’s own market-data collection; its 24-hour gain reached 2.21%.

The price increased from $1,233 to $1,258 over the hour. The figures come from TokenPost’s direct collection of public exchange prices, using Binance’s ZEC/USDT spot market.

Liquidations during the same hour totaled $1.83 million in short positions across Binance, Bybit and OKX, compared with $10,000 in long positions.

Zcash ranked 10th by market capitalization at approximately $20.9479 billion.