Zcash (ZEC) Sees $14.34 Million in Liquidations, Mostly Long Positions

Zcash (ZEC) saw $14.34 million in liquidations during the one-hour period ending at 11:37 a.m. ET (16:37 UTC) Nov. 10, with $14.21 million coming from long positions as the token’s price fell 9.64% over the same window.

TokenPost built the figure by collecting and combining public liquidation data directly from Binance, Bybit and OKX. The $14.34 million sum covers those three exchanges only; it is not a market-wide total. Short liquidations accounted for $130,000.

ZEC’s price moved from $1,128 to $1,020 over the measured hour. The price change and liquidation count cover the same period: one tracks ZEC’s price, while the other counts closed positions.

A long position is set up to benefit from a price rise; a short position is set up to benefit from a price fall. A liquidation is a forced closing of a trading position. The long and short figures together equal the reported $14.34 million total. Zcash ranked 10th among crypto assets by market capitalization.