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Zcash Rises 4.13% in Four Hours to $1,261 on Binance Spot

ZEC was up 10.34% over 24 hours. Short liquidations across three exchanges totaled $30,000 in the same one-hour window.

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An unmarked gold token rests atop four stone steps. / TokenPost.ai
An unmarked gold token rests atop four stone steps. / TokenPost.ai

Zcash (ZEC) rose 4.13% in four hours to $1,261 on Binance’s spot market at 8:10 p.m. ET on Oct. 20 (00:10 UTC on Oct. 21), extending its advance over the previous 24 hours.

The earlier quote for Binance’s ZEC/USDT spot pair was $1,211 at 4:10 p.m. ET (20:10 UTC), a $50 increase over four hours. The 4.13% change uses directly collected prices from that pair. ZEC was also up 10.34% from 24 hours earlier.

In the one-hour window tied to the price update, a direct tally of Zcash liquidations across Binance, Bybit and OKX came to $40,000. Short positions accounted for $30,000, while long positions accounted for $10,000, leaving a $20,000 difference. Those totals cover the one-hour window and the three exchanges, while the spot-price change spans four hours.

Zcash ranked 10th among cryptocurrencies by market capitalization, with an estimated market value of $21.38 billion at the snapshot.

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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