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Zcash Rises 3.08% in One Hour to $1,189 on Binance Spot

ZEC was down 4.75% over 24 hours. Short liquidations exceeded long liquidations across three exchanges during the same hour.

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A silver coin balances against the rising edge of dark stone / TokenPost.ai
A silver coin balances against the rising edge of dark stone / TokenPost.ai

Zcash (ZEC) rose 3.08% in the hour through 2:30 p.m. ET Saturday, Oct. 24 (18:30 UTC), reaching $1,189 on Binance’s ZEC/USDT spot market. The price stood at $1,154 one hour earlier, a $35 increase over the measured interval.

At the same observation time, ZEC was down 4.75% over 24 hours. That leaves the one-hour gain and 24-hour decline moving in opposite directions: the first figure compares the quote with its level one hour earlier, and the second compares it with its level one day earlier. Both changes use the $1,189 Binance spot price recorded for the same checkpoint.

Over the same hour, liquidations across Binance, Bybit and OKX totaled $80,000 in long positions and $1.09 million in short positions. The tally covers the three exchanges together and the same one-hour interval as the price change. It is separate from the 24-hour price comparison, which measures ZEC’s current quote against the quote a day earlier.

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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