Add as a preferred source on GoogleZcash Rises 3.50% in an Hour to $842 on Binance Spot Trading
ZEC remained down 8.22% over 24 hours as three exchanges recorded $1.97 million in long liquidations and $840,000 in short liquidations in the same hour.
Zcash (ZEC) traded at $842 on Binance’s ZEC/USDT spot market at 5:17 p.m. ET Saturday, up 3.50% over the preceding hour. The displayed price one hour earlier was $813.
ZEC was still down 8.22% from its level 24 hours earlier. The one-hour and 24-hour figures compare the current price with different starting points, showing an hourly increase alongside a daily decline.
A combined liquidation tally for Binance, Bybit and OKX during the same hour showed $1.97 million in long liquidations and $840,000 in short liquidations. The long-side total was $1.13 million higher.
The spot observation reflects one trading pair on Binance, while the liquidation tally combines three exchanges. Both are one-hour snapshots ending at the same ET reference time. Taken together, the figures show the hourly price gain coincided with more long than short liquidations across those venues.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.