Zcash Falls 2.40% in One Hour to $1,187 on Binance Spot Market

Zcash (ZEC) fell 2.40% in one hour to $1,187 on Binance’s ZEC/USDT spot market at 8:27 p.m. ET on Oct. 20 (00:27 UTC on Oct. 21), while remaining higher over 24 hours.

The price is based on directly collected Binance spot quotes for ZEC/USDT. At the same observation time, ZEC was up 4.00% from 24 hours earlier. The one-hour decline and 24-hour gain measure different periods, with the shorter drop occurring during a day in which the asset was still higher.

During that same hour, $1 million in Zcash long positions and $610,000 in short positions were liquidated across Binance, Bybit and OKX. The liquidation totals cover those three exchanges, while the $1,187 spot price comes from Binance. Long liquidations were larger than short liquidations over the period.

Zcash ranked 10th among cryptocurrencies by market capitalization, at approximately $20.6929 billion. Its market value provides context for the size of the asset experiencing the move, while the hourly and daily changes show how its price differed across the two measured periods.