Add as a preferred source on GoogleZcash Falls 3.04% in One Hour to $908 as Long Liquidations Hit $3.08M
The 24-hour loss reached 7.63%. One-hour liquidation totals across three exchanges showed $3.08 million in longs and $10,000 in shorts.
Zcash (ZEC) fell 3.04% in one hour to $908 at 11:31 p.m. ET Nov. 12 (04:31 UTC Nov. 13), while its 24-hour decline reached 7.63%.
Binance's ZEC/USDT spot quote was $908 at that time. The same pair was at $936 one hour earlier, a $28 decline across the measured hour.
Across Binance, Bybit and OKX, long liquidations totaled $3.08 million and short liquidations totaled $10,000 during the same hour. The long-side figure exceeded the short-side total by $3.07 million.
The $908 quote is a single Binance spot observation; the liquidation tally combines three exchanges. Zcash ranked 11th among crypto assets by market capitalization, at about $15.77073 billion. The one-hour drop was less than half of its 7.63% loss over 24 hours. The liquidation comparison covers Binance, Bybit and OKX, while the price comparison uses the ZEC/USDT pair.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.