Zcash Falls 2.81% in an Hour to $1,192 on Binance Spot Trading

Zcash (ZEC) fell 2.81% in one hour to $1,192 at 6:35 p.m. ET Friday, while $1.7 million in long positions were liquidated across three exchanges over the same hour.

ZEC traded at $1,192 on Binance’s ZEC/USDT spot pair at 6:35 p.m. ET Friday (22:35 UTC). One hour earlier, the pair stood at $1,226, putting the hourly decrease at 2.81%. ZEC was down 1.66% over the prior 24 hours.

Over the same hour, the combined liquidation tally for Binance, Bybit and OKX showed $1.7 million in long liquidations and $0 in short liquidations. The price and liquidation readings use different scopes: the price is from Binance spot trading, while the liquidation figures combine all three exchanges.

Zcash ranked 10th by market capitalization, at approximately $20,766,440,000. At the observation time, both the hourly and 24-hour price changes were negative, with the hourly decline larger by percentage.