Zcash Falls 2.12% in One Hour to $1,202, Though It Is Up 8.85% in 24 Hours

Zcash (ZEC) fell 2.12% in one hour to $1,202 in the Binance ZEC/USDT spot market as of 11:40 p.m. ET Oct. 15 (03:40 UTC Oct. 16). The Binance pair stood at $1,228 one hour earlier, making the latest quote $26 lower. ZEC was still up 8.85% from its level 24 hours earlier, so the shorter decline came within a period that remained positive on a daily basis. The $1,202 figure is the current spot quote, while the one-hour and 24-hour percentages use separate reference points. Zcash liquidations across Binance, Bybit and OKX during the same hour totaled $570,000 in long liquidations and $30,000 in short liquidations. The long liquidation total exceeded the short total by $540,000.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.