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Zcash Falls 3.48% in One Hour to $953 on Binance Spot Market

The 24-hour loss was 4.24%, while a three-exchange tally recorded $400,000 in long liquidations and $50,000 in short liquidations during the same hour.

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A silver Zcash coin rests at the bottom of a sloped metal track / TokenPost.ai
A silver Zcash coin rests at the bottom of a sloped metal track / TokenPost.ai

Zcash (ZEC) fell 3.48% in the hour to 10:35 a.m. ET (15:35 UTC) Thursday, Nov. 12, reaching $953 on Binance's ZEC/USDT spot market in TokenPost's directly collected exchange-price data.

The same pair was at $987 one hour earlier, a $34 decrease. ZEC's 24-hour change at the 10:35 a.m. reading was negative 4.24%, measuring a different window from the one-hour decline. TokenPost calculated the hourly percentage from the pair's observed price one hour before the $953 reading.

Across Binance, Bybit and OKX, TokenPost's tally for that hour recorded $400,000 in liquidated long positions and $50,000 in liquidated short positions. The combined amount was $450,000, with long liquidations exceeding shorts by $350,000. The liquidation figures cover the three exchanges named in the tally.

Zcash was ranked 11th by market capitalization at about $16.48068 billion in the market snapshot. The $953 quote is a spot-market observation, while the liquidation totals aggregate activity across three exchanges over the same hour.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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