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Zcash Rises 2.13% in One Hour to $1,286 on Binance Spot

Short liquidations totaled $330,000 across three exchanges during the hour, compared with $40,000 in long liquidations.

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A silver token sits above two toppled dark tiles. / TokenPost.ai
A silver token sits above two toppled dark tiles. / TokenPost.ai

Zcash (ZEC) rose 2.13% in one hour to $1,286 at 7:15 a.m. ET (11:15 UTC) on Oct. 21, taking its 24-hour gain to 11.81%.

TokenPost collected the spot prices directly from Binance’s ZEC/USDT market. ZEC traded at $1,259 at 6:15 a.m. ET (10:15 UTC), then reached $1,286 an hour later. Both prices come from the same exchange trading pair, and the one-hour change compares those two observations.

Across Binance, Bybit and OKX, TokenPost counted $330,000 in Zcash short liquidations and $40,000 in long liquidations during that hour. Short liquidations were more than eight times the long total as the spot price rose. The liquidation figures cover those three exchanges and the same one-hour window as the price change.

Zcash ranked 10th among crypto assets by market capitalization, with an estimated value of $21.7412 billion. That ranking places the move among the largest crypto assets by market value.

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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