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Zcash Falls 2.62% in an Hour to $1,128 as Long Liquidations Total $840,000

The same-hour tally showed $100,000 in short liquidations across Binance, Bybit and OKX.

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A silver token tips beside toppled brass markers on a dark ledge / TokenPost.ai
A silver token tips beside toppled brass markers on a dark ledge / TokenPost.ai

Zcash (ZEC) fell 2.62% in one hour to $1,128 on Binance spot ZEC/USDT at 5:30 p.m. ET (21:30 UTC) on Oct. 17.

The exchange reading stood at $1,159 an hour earlier, a $31 difference from the later quote. Over 24 hours, ZEC was down 1.15%, a smaller percentage decline than its move in the final hour of the measured period.

Across Binance, Bybit and OKX, liquidations for that hour totaled $840,000 in long positions and $100,000 in short positions. Combined, the liquidations reached $940,000; long liquidations made up the larger share of the recorded total.

Zcash ranked 10th by market capitalization, at about $19,558,290,000. The ranking and value offer market context for the hourly move, while the price and liquidation readings cover a shorter interval. The 24-hour change provides a wider comparison 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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