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Zcash Jumps 4.78% in One Hour to $1,346 as Short Liquidations Near $8 Million

Zcash rose from $1,284 to $1,346 in one hour and gained 9.54% over 24 hours, based on exchange prices collected at 1:08 a.m. ET.

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A metallic coin resting on a glass surface under cool light / TokenPost.ai
A metallic coin resting on a glass surface under cool light / TokenPost.ai

Zcash (ZEC) rose 4.78% in one hour to $1,346 at 1:08 a.m. ET on Oct. 12 (05:08 UTC), extending its 24-hour gain to 9.54%.

The token climbed from $1,284 to $1,346 during the hour. The price was measured from Binance's spot ZEC/USDT market using exchange data collected directly for the move.

Short liquidations across Binance, Bybit and OKX totaled $7.99 million during the same hour, while long liquidations came to $10,000. Zcash's market capitalization was about $22.54898 billion at the time.

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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