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Zcash Falls 2.13% in an Hour to $1,228 on Binance Spot Market

The 24-hour reading remained positive at 1.22%, while liquidations across three exchanges totaled $650,000.

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A silver coin rests on a sharply angled dark surface / TokenPost.ai
A silver coin rests on a sharply angled dark surface / TokenPost.ai

TokenPost's latest reading put Zcash (ZEC) down 2.13% over the hour ending at 3:15 p.m. ET (19:15 UTC) Friday, Oct. 23, with Binance's ZEC/USDT spot price at $1,228.

The ZEC/USDT spot price moved from $1,255 to $1,228 during the hour, a 2.13% decline. Over 24 hours, the change was positive at 1.22%.

TokenPost's own tally across Binance, Bybit and OKX put liquidations at $410,000 for long positions and $240,000 for short positions during that hour, a combined $650,000. Long liquidations exceeded short liquidations by $170,000.

Zcash ranked 10th by market capitalization at about $21,135,720,000. The two performance figures cover separate periods: the decline spans one hour, while the gain compares ZEC with its price 24 hours earlier. The full-day comparison remained positive despite the shorter decline.

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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