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Zcash Falls 3.03% in One Hour to $1,307 on Binance Spot Market

ZEC remained 3.68% higher over 24 hours. Long liquidations across Binance, Bybit and OKX totaled $880,000 in the same hour.

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An unmarked silver token tips down a steep vermilion surface / TokenPost.ai
An unmarked silver token tips down a steep vermilion surface / TokenPost.ai

Zcash (ZEC) fell 3.03% in the hour ending at 7:30 p.m. ET Oct. 21 (23:30 UTC), reaching $1,307 on Binance’s ZEC/USDT spot market.

The pair stood at $1,348 one hour earlier, a $41 difference from the latest quote. ZEC was also 3.68% higher than 24 hours earlier. The percentage changes compare prices at the respective start of each period.

The liquidation tally for the same hour covered Binance, Bybit and OKX. Long liquidations totaled $880,000, while short liquidations totaled $0. A liquidation is a forced closure of a trading position; the figures give the dollar value recorded for each direction during the one-hour period.

The readings cover separate periods, so the hourly decline coexisted with a gain over 24 hours. The spot quote came from one trading pair, while the liquidation tally combined three exchanges.

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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