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Zcash Rises 9.51% in Four Hours to $1,391 on Binance Spot Market

ZEC was up 9.08% over 24 hours, while short liquidations outweighed long liquidations across three exchanges.

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An unmarked silver token rests on an ascending metal ramp / TokenPost.ai
An unmarked silver token rests on an ascending metal ramp / TokenPost.ai

Zcash (ZEC) climbed 9.51% in four hours to $1,391 at 12:10 p.m. ET (16:10 UTC) Oct. 29, in a TokenPost calculation using spot ZEC/USDT prices collected directly from Binance. The comparison started at $1,270 four hours before the observation, at 8:10 a.m. ET. That marked a $121 rise from the earlier quote. The $1,391 figure is a Binance spot quote, not an average across exchanges.

ZEC was also up 9.08% over the preceding 24 hours. That figure covers a longer measurement window ending at the same observation time. The four-hour change tracks the move from $1,270 to $1,391.

Zcash-linked liquidations across Binance, Bybit and OKX totaled $5.2 million for short positions and $220,000 for long positions in the same one-hour period. Short liquidations exceeded long liquidations by $4.98 million. The combined total was $5.42 million.

Zcash ranked 10th by market capitalization, which stood at approximately $22.45532 billion.

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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