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Zcash Falls 3.23% in One Hour to $1,237 on Binance Spot

ZEC was down 2.34% over 24 hours, while $1.44 million in long positions were liquidated across three exchanges.

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A gold token tilts within a narrow charcoal groove / TokenPost.ai
A gold token tilts within a narrow charcoal groove / TokenPost.ai

Zcash (ZEC) fell 3.23% in one hour to $1,237 on Binance spot ZEC/USDT at 4:55 a.m. ET (08:55 UTC) Oct. 22.

The previous-hour price was $1,279. The latest $1,237 reading was therefore measured against that earlier spot quote, while the 3.23% figure expresses the one-hour decline. Over the separate 24-hour window, ZEC was down 2.34%. The 24-hour change was smaller than the one-hour decline in percentage terms.

During the same hour, liquidations across Binance, Bybit and OKX totaled $1.44 million for long positions and $90,000 for short positions. The figures cover liquidations on all three exchanges during that one-hour span, alongside the Binance price observation.

ZEC’s market capitalization was about $21.59 billion, placing it 10th by market value. The price reading comes from Binance’s spot ZEC/USDT market, and the liquidation count combines three exchanges; the two measures describe the same hourly 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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