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Zcash Rises 3.11% in One Hour to $1,260 on Binance Spot

The 24-hour gain was 0.63%; same-hour liquidations totaled $610,000 in short positions and $470,000 in long positions across three exchanges.

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A silver coin rests on a sharply angled black stone wedge. / TokenPost.ai
A silver coin rests on a sharply angled black stone wedge. / TokenPost.ai

Zcash (ZEC) rose 3.11% in one hour to $1,260 at 10:28 p.m. ET Thursday (02:28 UTC Friday) in Binance’s ZEC/USDT spot market, based on directly collected public quotes.

The observation was $38 above the $1,222 price recorded an hour earlier. ZEC was also 0.63% higher than its level 24 hours before the 10:28 p.m. ET reading, meaning the one-hour gain was larger than the change across the full-day comparison.

Short liquidations totaled $610,000 and long liquidations totaled $470,000 across Binance, Bybit and OKX over the same one-hour window. The short total was $140,000 greater, and combined liquidations across the three venues reached $1.08 million.

Zcash ranked 11th by market capitalization at about $21.42 billion. That ranking is a broader measure than the spot quote, while the hourly and daily percentages compare the observed price with earlier readings. The liquidation figures separately show the amounts recorded for long and short positions across the three venues.

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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