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Zcash Rises 2.03% in One Hour to $1,174 on Binance Spot

ZEC remained down 3.59% over 24 hours. Long liquidations across three exchanges totaled $1.38 million during the same hour.

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A metal token rests on a rising section of track / TokenPost.ai
A metal token rests on a rising section of track / TokenPost.ai

Zcash (ZEC) rose 2.03% over one hour to $1,174 at 9:17 a.m. ET Tuesday on Binance’s spot market, while remaining 3.59% lower than 24 hours earlier.

TokenPost measured the move using prices it collected directly from Binance’s ZEC/USDT pair. ZEC was priced at $1,151 an hour before the $1,174 observation. The one-hour change compares prices on the same exchange and trading pair.

During that same hour, TokenPost counted $1.38 million in Zcash long liquidations and $1.13 million in short liquidations across Binance, Bybit and OKX. Those figures cover the three named exchanges over the same period as the price move.

The 24-hour decline puts the one-hour gain in context: ZEC was still below its price at the same time a day earlier. Zcash ranked 10th among crypto assets by market capitalization, with a value of about $19,927,520,000.

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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