Add as a preferred source on GoogleZcash Falls 3.83% in Four Hours to $1,238 on Binance Spot
The 24-hour decline was 3.51%. Liquidations across three exchanges totaled $120,000 in longs and $20,000 in shorts during one hour.
Zcash fell 3.83% over four hours to $1,238 by 1:45 p.m. ET (18:45 UTC) Nov. 5, based on a direct collection of Binance spot ZEC/USDT prices.
The same spot pair was $1,287 four hours earlier, and the measured change for that interval was 3.83%. Over 24 hours, Zcash was down 3.51%. Both comparisons use the Binance spot quote and a prior quote for the stated window. The $1,238 reading is a Binance spot quote, not a blended exchange price.
Separately, liquidations across Binance, Bybit and OKX totaled $120,000 in longs and $20,000 in shorts during the same one-hour period. Long liquidations exceeded short liquidations by $100,000. The tally covers those three exchanges, while the price reading comes from Binance’s ZEC/USDT spot market.
Zcash’s market capitalization was about $21.13 billion, placing it 10th among crypto assets. The measurements show the price change and liquidation activity, but do not establish a cause.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.