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Zcash Rises 2.13% in One Hour to $1,266 on Binance Spot

ZEC was up 1.83% over 24 hours, while short positions made up $550,000 of liquidations across three exchanges.

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An unmarked silver token rises above a dark stone step / TokenPost.ai
An unmarked silver token rises above a dark stone step / TokenPost.ai

Zcash (ZEC) rose 2.13% in the hour through 9:19 a.m. ET (14:19 UTC) Monday, Nov. 2, reaching $1,266 on Binance’s ZEC/USDT spot market.

ZEC was $1,240 one hour earlier, a $26 increase over the period. The token was up 1.83% from its price 24 hours earlier. The one-hour change compares two Binance spot price observations separated by an hour; the 24-hour figure uses a different comparison point.

Across Binance, Bybit and OKX, short liquidations totaled $550,000 and long liquidations totaled $10,000 during the same hour. The combined total was $560,000. The short liquidation amount was 55 times the long amount. The liquidation figures combine activity across the three exchanges and are separate from the Binance spot price reading.

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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