Zcash Rises 2.06% in One Hour to $1,215 on Binance

Zcash (ZEC) rose 2.06% in the hour ending at 3:46 a.m. ET on Nov. 9, reaching $1,215 on Binance's spot market while remaining lower over 24 hours.

Directly collected public quotes for Binance's ZEC/USDT spot pair placed ZEC at $1,190 an hour earlier and $1,215 at 3:46 a.m. ET. The comparison uses the same asset, exchange and trading pair at both points, with observations separated by one hour.

ZEC was 4.00% below its level 24 hours earlier. The one-hour gain did not bring it back to that earlier price. Both percentage changes use the 3:46 a.m. ET price as their endpoint.

Over the same hour, liquidations on Binance, Bybit and OKX reached $70,000 in long positions and $70,000 in short positions, for a combined $140,000. The two sides accounted for equal shares of the recorded liquidations. Zcash ranked 10th among crypto assets by market capitalization, at approximately $20,288,960,000.