1 min read
Add as a preferred source on Google

Zcash Falls 3.33% in One Hour to $882 as Long Liquidations Reach $1.61M

The Binance ZEC/USDT spot price was $912 an hour earlier; Binance, Bybit and OKX recorded $1.61 million in long liquidations and $10,000 in shorts.

Mentioned assets
A silver coin tips beside dark stepped metal blocks / TokenPost.ai
A silver coin tips beside dark stepped metal blocks / TokenPost.ai

Zcash (ZEC), ranked 11th by market capitalization, fell 3.33% to $882 in the hour through 9:42 a.m. ET (14:42 UTC) Sunday, Nov. 15, on Binance's ZEC/USDT spot market.

The $882 reading was calculated from publicly available prices on Binance's ZEC/USDT spot market. The matching one-hour comparison starts at $912, putting the absolute difference at $30. ZEC's 24-hour performance through 9:42 a.m. ET was a 0.38% decline, making the shorter-window drop larger than the full-day move.

Long liquidations across Binance, Bybit and OKX totaled $1.61 million over the same hour, compared with $10,000 in short liquidations. The totals cover activity on all three exchanges during the hour leading up to the price observation. The long-liquidation amount was about 161 times the short total.

Zcash's market capitalization was about $15.17 billion. The figures capture different windows: one hour for the price drop and liquidations, and 24 hours for the broader price comparison.

Enna Lee

Reporter

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

Loading…