1 min read
Add as a preferred source on Google

Zcash Falls 3.17% in One Hour to $856 in Binance Spot Trading

ZEC was down 9.46% over 24 hours, while long liquidations across Binance, Bybit and OKX reached $1.91 million in the same hour.

Mentioned assets
An unmarked silver coin tilts on a steep black metal ramp / TokenPost.ai
An unmarked silver coin tilts on a steep black metal ramp / TokenPost.ai

Zcash (ZEC) fell 3.17% in one hour to $856 on Binance's ZEC/USDT spot market at 12:02 p.m. ET Saturday, Nov. 14 (17:02 UTC), based on TokenPost's direct collection of publicly posted exchange prices.

The token was at $884 an hour earlier, making the hourly decline $28. ZEC was down 9.46% over 24 hours. The one-hour percentage compares the $856 observation with the $884 quote from 11:02 a.m. ET; the 24-hour figure compares the current price with its level a day earlier.

Across Binance, Bybit and OKX, TokenPost's liquidation aggregation for the same hour showed $1.91 million in long liquidations and $60,000 in short liquidations. Long liquidations exceeded short liquidations by $1.85 million, putting the larger share of the reported liquidation total on long positions.

ZEC's market capitalization was about $14.67915 billion, ranking it 11th among crypto assets at the time.

Enna Lee

Reporter

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

Loading…