Zcash Rises 5.64% in Four Hours to $943 on Binance Spot Market

Zcash (ZEC) climbed 5.64% in four hours to $943 on Binance's spot market at 4:08 a.m. ET (09:08 UTC) Friday, Nov. 13, although it remained lower over 24 hours. ZEC stood at $893 four hours earlier and was down 4.52% over the preceding 24 hours.

Zcash liquidations across Binance, Bybit and OKX totaled $110,000 over the same one-hour period. Short positions accounted for $60,000 of that amount, compared with $50,000 in long positions. The short-side total was $10,000 greater than liquidations on the long side.

The four-hour gain and 24-hour decline use different comparison windows, both measured against the $943 spot quote at 4:08 a.m. ET. The figures show a short-term increase alongside a negative daily change for ZEC. The two percentage changes compare ZEC with separate starting prices from separate times. Zcash ranked 11th by market capitalization, at an estimated $15,926,650,000.