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Zcash Spot Price Rises 2.30% in One Hour to $1,220 on Binance

Short liquidations totaled $770,000 across Binance, Bybit and OKX during the same hour, while long liquidations totaled $0.

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An unmarked gold token rests above three toppled black blocks. / TokenPost.ai
An unmarked gold token rests above three toppled black blocks. / TokenPost.ai

Zcash (ZEC) rose 2.30% in one hour to $1,220 at 5:13 a.m. ET (09:13 UTC) on Oct. 26, while short liquidations reached $770,000 across three exchanges during the same period.

The Binance ZEC/USDT spot quote was $1,193 at 4:13 a.m. ET, one hour before the $1,220 reading. TokenPost collected the exchange’s public prices directly and calculated the one-hour change from those observations. At the later reading, ZEC was up 2.96% from 24 hours earlier.

TokenPost’s combined tally for Binance, Bybit and OKX recorded $770,000 in Zcash short liquidations over that hour, compared with $0 in long liquidations. Both totals cover the hour used for the price comparison. The liquidation tally spans three exchanges; the spot price observations come from Binance.

Zcash ranked 10th by market capitalization at about $20.28 billion at the time of the snapshot. That placed ZEC among the 10 largest crypto assets by market value when the price move was recorded.

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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