Zcash Drops 2.01% in One Hour to $1,145; Long Liquidations Total $160,000

Zcash (ZEC) dropped 2.01% over one hour to $1,145 at 7:16 p.m. ET on Oct. 19 (23:16 UTC). Long liquidations exceeded short liquidations across three exchanges during the same hour. The price reading came from Binance's spot ZEC/USDT market. Despite the one-hour decline, ZEC was up 2.44% over the preceding 24 hours. During the same hour, Zcash long liquidations totaled $160,000 across Binance, Bybit and OKX, compared with $90,000 in short liquidations. The liquidation totals differed by $70,000. Zcash ranked 10th among cryptocurrencies by market value, at approximately $19,615,670,000. The hourly decline and the 24-hour gain measure price changes over different periods. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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