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Zcash Falls 3.32% in One Hour to $1,100 on Binance Spot

Liquidations across Binance, Bybit and OKX totaled $2.22 million for long positions and $40,000 for short positions during the same hour.

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A brass token rests at the foot of a steep stone ledge / TokenPost.ai
A brass token rests at the foot of a steep stone ledge / TokenPost.ai

Zcash (ZEC) fell 3.32% in one hour to $1,100 on Binance spot ZEC/USDT by 10:22 p.m. ET Wednesday, Oct. 14 (02:22 UTC).

The token stood at $1,138 one hour earlier, a $38 decline per ZEC. TokenPost collected both quotes directly from Binance’s spot ZEC/USDT market and calculated the 3.32% move across that one-hour interval; $1,100 is the Binance quote, not an average across exchanges.

Liquidations across Binance, Bybit and OKX totaled $2.22 million for long positions and $40,000 for short positions during the same hour. Long positions are trades that benefit from rising prices, while short positions benefit from falling prices. The liquidation tally combines activity from all three exchanges.

Zcash’s estimated market capitalization was approximately $19.33234 billion, ranking it 10th among crypto assets. The ranking and valuation provide broader scale context for the token alongside a spot-price change and liquidation totals measured over one hour. The price move and liquidation totals cover the same one-hour period.

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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