Zcash Falls 3.03% in an Hour to $964 as Long Liquidations Reach $1.26M

Zcash (ZEC) fell 3.03% in one hour to $964 at 7:10 a.m. ET (12:10 UTC) Thursday, based on TokenPost’s collected Binance spot ZEC/USDT prices.

An hour earlier, the same spot market was at $994, putting the hourly decline at $30. Over 24 hours, ZEC was down 2.58% as of the 7:10 a.m. ET snapshot. The one-hour comparison uses Binance’s ZEC/USDT spot quote at both endpoints; the daily comparison ends at the same latest reading. The 3.03% hourly drop was 0.45 percentage points steeper than the 24-hour decline, though the measures cover different windows.

One-hour liquidations across Binance, Bybit and OKX totaled $1.26 million in long positions and $10,000 in short positions. The long liquidation total exceeded the short total by $1.25 million during that window.

The snapshot ranked ZEC 11th by market capitalization, at approximately $16.85551 billion. The valuation provides a broader measure of the asset’s market size alongside the spot price and liquidation figures.