# Zcash Climbs 2.23% in One Hour to $1,260 on Binance Spot

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49431
Published: 2026-11-05T16:58:25.000Z
Updated: 2026-11-05T16:58:25.000Z
Section: Investing

> 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.