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Altcoins & DeFi

Zcash Falls 6.36% in Four Hours to $1,138 as Long Liquidations Reach $2.91 Million

Image: TokenPost

Zcash (ZEC) fell 6.36% over four hours to $1,138 at 1:20 p.m. ET (17:20 UTC) Friday, Oct. 16, in Binance spot trading, a $77 decline from $1,215. The stated four-hour move was 6.36%, while the 24-hour change at the same snapshot was -7.00%. These figures describe separate measurement windows for the same asset. Long liquidations across Binance, Bybit and OKX totaled $2.91 million, compared with $30,000 in short liquidations during the same one-hour period. The long liquidation total exceeded short liquidations by $2.88 million, bringing the combined tally to $2.94 million for the hour. Zcash's market capitalization was about $19,451,980,000, ranking it 10th.

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