Zcash Falls 3.56% in Four Hours to $1,278 on Binance Spot

Zcash (ZEC) fell 3.56% over four hours to $1,278 at 8:31 a.m. ET (13:31 UTC) Nov. 7, using prices TokenPost collected directly from Binance’s ZEC/USDT spot market.

The pair stood at $1,325 four hours earlier, a $47 decline. ZEC was down 2.16% from its level 24 hours earlier. The four-hour fall exceeded the reported 24-hour decline, though the figures compare different windows.

TokenPost’s one-hour liquidation tally across Binance, Bybit and OKX showed $510,000 in long positions liquidated and $10,000 in shorts. Long liquidations made up nearly all of the $520,000 combined tally.

The price snapshot and liquidation tally cover different intervals: the former compares ZEC with its level four hours earlier, while the latter sums positions liquidated during one hour. Taken together, the figures show a price decline alongside substantially more long liquidations than short liquidations.