Add as a preferred source on GoogleZcash Drops 3.11% in an Hour to $938 on Binance Spot Trading
The 24-hour decline was 2.17%. TokenPost's tally recorded $1.2 million in long liquidations across three exchanges during the same hour.
Zcash (ZEC) fell 3.11% in the hour ending at 10:31 a.m. ET Friday, Nov. 13, reaching $938 on Binance's ZEC/USDT spot market. The one-hour decline was larger than its 2.17% drop over 24 hours, marking a sharper loss in the shorter measurement window.
TokenPost collected public exchange prices and calculated the move in-house. Its Binance spot reading for ZEC/USDT was $968 at 9:31 a.m. ET and $938 at 10:31 a.m. ET. Those readings form the one-hour comparison behind the 3.11% figure; the 24-hour change compares the current quote with the quote from a day earlier.
TokenPost's same-hour tally across Binance, Bybit and OKX recorded $1.2 million in ZEC long liquidations and $140,000 in short liquidations. Long liquidations exceeded short liquidations by $1.06 million, or about 8.6 times the short-side total. The aggregate covers the same one-hour interval as the price move, while the price itself is measured on Binance spot.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.