Zcash Falls 3.04% in an Hour to $971 as Long Liquidations Top $1.83M

Zcash (ZEC) fell 3.04% in one hour to $971 as of 6:10 p.m. ET Nov. 11 (23:10 UTC), with long liquidations outweighing short liquidations across three exchanges during the same window.

Binance spot ZEC/USDT was $971 at 6:10 p.m. ET, compared with $1,001 at 5:10 p.m. ET. The displayed prices differ by $30. Over the full 24 hours ending at 6:10 p.m. ET, ZEC was down 6.38%, more than its reported one-hour decline.

Across Binance, Bybit and OKX, long liquidations totaled $1.83 million and short liquidations totaled $210,000 during the hour ending at 6:10 p.m. ET. Long liquidations exceeded short liquidations by $1.62 million and were about 8.7 times the short amount. Together, liquidations totaled $2.04 million across the three exchanges.

ZEC had a market capitalization of about $17.08 billion and ranked 11th. The $971 quote was for Binance’s spot ZEC/USDT pair, while the liquidation figures combined three exchanges. The price and liquidation measures cover the same one-hour window, but the price is from one venue and the liquidation tally spans three.