Zcash Rises 2.83% in One Hour to $1,156 in Binance Spot Trading
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Zcash (ZEC) rose 2.83% in one hour to $1,156 at 6:06 p.m. ET on Oct. 19 (22:06 UTC), while $210,000 in short positions was liquidated during that hour. ZEC traded on Binance's spot ZEC/USDT market. ZEC stood at $1,124 one hour before the snapshot, putting the increase at $32 per token. The $1,156 quote refers to that trading pair on Binance. ZEC was also 5.23% above its price 24 hours earlier. Over the same one-hour window, short-position liquidations totaled $210,000 across Binance, Bybit and OKX, compared with $0 in long-position liquidations. Short positions are trades positioned for a price decline; long positions are positioned for a rise. Zcash was the 10th-largest crypto asset by market capitalization, at about $19.387 billion.
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