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Altcoins & DeFi

Zcash Falls 2.72% in One Hour to $1,137 as Long Liquidations Reach $460,000

Image: TokenPost

Zcash (ZEC) fell 2.72% in one hour to $1,137 at 6:35 a.m. ET (10:35 UTC) Monday on Binance spot ZEC/USDT. The quote was $1,169 one hour earlier, making the move a $32 decline. For the 24 hours ending at the same snapshot, ZEC was down 0.07%. The one-hour percentage change was substantially larger than the full-day change, although both readings were negative. ZEC liquidations on Binance, Bybit and OKX totaled $460,000 in longs and $0 in shorts during that hour. The liquidation figure combines those three exchanges, while the quoted price is the Binance spot ZEC/USDT market. Both measures cover the same one-hour period, with the price marked at 6:35 a.m. ET (10:35 UTC). ZEC ranked 10th by market capitalization at approximately $19,863,530,000.

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