Zcash Falls 7.76% in One Hour to $1,092 on Binance Spot Market

Zcash (ZEC) fell 7.76% in one hour to $1,092 at 11:12 a.m. ET Tuesday (16:12 UTC), and long liquidations reached $8.96 million across three exchanges during that hour.

The $1,092 quote was for Binance’s spot ZEC/USDT pair, down from $1,184 at 10:12 a.m. ET. TokenPost directly collected the public exchange prices and calculated the one-hour change using those two observations. ZEC was down 9.83% over 24 hours at the later reading.

Across Binance, Bybit and OKX, long positions in ZEC accounted for $8.96 million in liquidations during the hour. Short positions accounted for $110,000 in liquidations over the same period on those exchanges. The liquidation figures cover three venues, while the spot price comes from Binance alone.

The one-hour price comparison uses the same asset, trading pair and exchange at both observation times. The 24-hour percentage measures a separate window ending with the 11:12 a.m. ET price reading.