Zcash Rises 3.55% in Four Hours to $1,295 on Binance Spot

Zcash (ZEC) traded at $1,295 at 11:42 a.m. ET Oct. 27, up 3.55% in four hours in TokenPost’s snapshot of Binance spot ZEC/USDT quotes. The snapshot corresponds to 12:42 a.m. Korea Standard Time on Oct. 28. The price was $1,251 four hours earlier, a $44 difference. TokenPost calculated the change from public exchange quotes for the same asset and pair over the stated four-hour interval.

ZEC was up 3.01% over 24 hours, 0.54 percentage points below its reported four-hour gain. Zcash ranked 10th by market capitalization, at about $21.7 billion.

The combined one-hour liquidation tally for Zcash on Binance, Bybit and OKX showed $850,000 in short liquidations and no long liquidations. Short liquidations are forced closures of positions that profit if prices fall; long liquidations close positions set up to benefit when prices rise. The liquidation count covers one hour, while the reported price gain compares the spot quote with its four-hour-old level.