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Zcash Drops 3.54% in Four Hours to $1,272 on Binance Spot

ZEC remained up 0.41% over 24 hours as long liquidations reached $320,000.

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A silver coin rests at the base of a steep glass ramp / TokenPost.ai
A silver coin rests at the base of a steep glass ramp / TokenPost.ai

Zcash (ZEC) fell 3.54% in four hours to $1,272 at 10:23 a.m. ET (14:23 UTC) on Oct. 28.

Binance’s ZEC/USDT spot pair traded at $1,319 four hours earlier.

ZEC was up 0.41% over the previous 24 hours in the same snapshot, so the four-hour drop occurred alongside a positive full-day reading. The percentages cover separate measurement windows.

ZEC long liquidations totaled $320,000 and short liquidations totaled $10,000 across Binance, Bybit and OKX in the corresponding one-hour period. Combined, the two figures totaled $330,000. Long liquidations exceeded short liquidations by $310,000.

The same market snapshot ranked Zcash 10th by market capitalization at about $21.68387 billion. That scale gives context to the spot quote, while the reported price change covers only four hours.

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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