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Zcash Falls 3.36% in One Hour to $1,268 on Binance Spot

ZEC was down 4.16% over 24 hours. Long liquidations across Binance, Bybit and OKX totaled $1.41 million, compared with $120,000 in shorts.

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A silver token tilts downward across a dark, angled surface / TokenPost.ai
A silver token tilts downward across a dark, angled surface / TokenPost.ai

Zcash (ZEC) fell 3.36% in one hour to $1,268 at 10 a.m. ET on Nov. 5, based on public exchange quotes for Binance's ZEC/USDT spot pair. The price was $1,312 one hour earlier.

The hourly move compares those two observations. ZEC was also down 4.16% over the prior 24 hours, a separate measurement window. In the same one-hour period, totals across Binance, Bybit and OKX showed $1.41 million in long liquidations and $120,000 in short liquidations.

The liquidation figures cover those three exchanges and are separate from the Binance spot quote used to calculate ZEC's price change.

Zcash's market capitalization was about $22.20153 billion in the snapshot, ranking it No. 10 among crypto assets. During the hour, long liquidations exceeded short liquidations, while the spot price and the separate 24-hour reading both declined.

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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