Zcash Rises 4.05% in an Hour to $1,154 as Short Liquidations Reach $1.98M

Zcash (ZEC) rose 4.05% in one hour to $1,154 at 11:20 a.m. ET (15:20 UTC) Oct. 15, based on collected spot prices for Binance’s ZEC/USDT pair. The pair was at $1,109 one hour before the snapshot.

The move lifted ZEC by $45 over the measured hour, but the token remained 1.27% below its level 24 hours earlier. The two figures capture different windows: a sharp short-term gain and a negative full-day change. The quoted price is the spot value for the named Binance trading pair at the stated time.

Liquidations across Binance, Bybit and OKX during that same hour totaled $2.12 million. Short positions accounted for $1.98 million, while long positions accounted for $140,000. The short-side total exceeded the long-side amount by $1.84 million and was roughly 14 times larger.

Short positions represented about 93% of the combined liquidations in the reported window. ZEC’s 24-hour change remained negative despite its one-hour rise, leaving the move as an hourly rebound within the day’s broader loss.