1 min read
Add as a preferred source on Google

Zcash Rises 3.74% in One Hour to $869 in Binance Spot Trading

ZEC remained down 7.15% over 24 hours, while short liquidations across three exchanges reached $880,000 in the same hour.

Mentioned assets
An unmarked metal token rests on a steep charcoal plane / TokenPost.ai
An unmarked metal token rests on a steep charcoal plane / TokenPost.ai

Zcash (ZEC) rose 3.74% in one hour to $869 at 7:12 p.m. ET Saturday, Nov. 14, based on directly collected Binance spot ZEC/USDT quotes, while remaining down 7.15% over the previous 24 hours.

The one-hour comparison was $838 at 6:12 p.m. ET and $869 at 7:12 p.m. ET, a $31 increase. Both readings refer to Binance’s spot ZEC/USDT pair, keeping the exchange and measurement window consistent for the move.

Liquidations on Binance, Bybit and OKX reached $880,000 for short positions and $10,000 for long positions during the same hour. Short liquidations exceeded long liquidations by $870,000, or 88 times the reported long total. The combined $890,000 in liquidations was dominated by short positions.

ZEC ranked 11th by market capitalization at about $14.42119 billion. The hourly increase marked a short-term rebound alongside the 24-hour decline, with the two figures tracking different measurement periods.

Enna Lee

Reporter

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

Loading…