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Zcash Falls 6.36% in Four Hours to $1,138 as Long Liquidations Reach $2.91 Million

ZEC was down 7.00% over 24 hours, and long liquidations totaled $2.91 million in a one-hour period.

A brass token tilts across a dark stone trading surface / TokenPost.ai
A brass token tilts across a dark stone trading surface / TokenPost.ai

Zcash (ZEC) fell 6.36% over four hours to $1,138 at 1:20 p.m. ET (17:20 UTC) Friday, Oct. 16, in Binance spot trading, a $77 decline from $1,215.

The stated four-hour move was 6.36%, while the 24-hour change at the same snapshot was -7.00%. These figures describe separate measurement windows for the same asset.

Long liquidations across Binance, Bybit and OKX totaled $2.91 million, compared with $30,000 in short liquidations during the same one-hour period. The long liquidation total exceeded short liquidations by $2.88 million, bringing the combined tally to $2.94 million for the hour.

Zcash's market capitalization was about $19,451,980,000, ranking it 10th. That provides a measure of its overall market size alongside the short-term trading data: ZEC was down 7.00% over 24 hours and 6.36% in the latest four-hour window.

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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