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Zcash Falls 3.57% in Four Hours to $1,242 on Binance Spot

ZEC was down 1.59% over 24 hours, while long liquidations outweighed short liquidations across three exchanges.

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A silver coin leans against a sloped brass counter under bright light / TokenPost.ai
A silver coin leans against a sloped brass counter under bright light / TokenPost.ai

Zcash (ZEC) fell 3.57% over four hours to $1,242 on Binance spot at 12:21 p.m. ET Nov. 8 (17:21 UTC), based on TokenPost's direct collection of exchange prices.

The observation came from Binance's ZEC/USDT spot pair. ZEC had traded at $1,288 four hours earlier, and TokenPost calculated the four-hour percentage change from those two prices. Over 24 hours, ZEC was down 1.59%. The four-hour and 24-hour changes cover overlapping periods of different lengths.

TokenPost's liquidation aggregation across Binance, Bybit and OKX recorded $840,000 in ZEC long liquidations and $10,000 in short liquidations during the same one-hour period. The long liquidation total was 84 times the short total.

Zcash ranked 10th by market capitalization, at about $21.34 billion. The spot quote and liquidation figures cover different exchanges and time intervals, so they represent separate market measurements.

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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