Add as a preferred source on GoogleZcash Climbs 2.23% in One Hour to $1,260 on Binance Spot
ZEC remained down 4.84% over 24 hours; long liquidations across Binance, Bybit and OKX totaled $1.2 million, versus $1.06 million in shorts during the same hour.
Zcash (ZEC) rose 2.23% in the hour to 11:50 a.m. ET Thursday, reaching $1,260 on Binance's ZEC/USDT spot market.
The comparison spans Binance spot ZEC/USDT quotes, with the price moving from $1,232 at 10:50 a.m. ET to $1,260 one hour later. That yielded a 2.23% increase, keeping the exchange and trading pair constant for the hourly comparison.
The short-term rise came while ZEC remained down 4.84% over the preceding 24-hour period. Its market capitalization stood at about $21.63103 billion, placing Zcash 10th among crypto assets by market value.
In the same hour, the aggregated tally across Binance, Bybit and OKX showed $1.2 million in long liquidations and $1.06 million in short liquidations. Both sides exceeded $1 million, with long liquidations $140,000 higher than short liquidations. The tally combines observations from all three exchanges rather than the Binance spot pair used for the price reading.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.