Zcash Rises 2.04% in One Hour to $1,224 as Shorts Face Liquidations

Zcash (ZEC) rose 2.04% in one hour to $1,224 at 3:24 p.m. ET (19:24 UTC) on Oct. 13, while short liquidations reached $650,000 across Binance, Bybit and OKX.

The move lifted ZEC from $1,200 one hour earlier on Binance’s ZEC/USDT spot market. The token remained down 0.85% over the previous 24 hours.

Long liquidations totaled $0 during the same one-hour period, compared with $650,000 in short liquidations. Zcash ranked 10th by market capitalization at approximately $20.8317 billion.