Zcash fell on Binance in the hour to 11:29 a.m. ET Monday, Nov. 2, as liquidations were concentrated in long positions across three crypto exchanges.
The Binance spot pair for ZEC and Tether (USDT) lost 2.64%, moving from $1,267 at 10:29 a.m. ET to $1,233 at 11:29 a.m. ET. Across Binance, Bybit and OKX, long liquidations totaled $520,000 in that hour; the reported short-side total was $0.
The hourly percentage compares the two Binance quotes, while 24-hour changes use a separate window. At the 11:29 a.m. ET reading, ZEC was down 0.42% over 24 hours. A later snapshot put it at $1,239.92, up 0.55% over 24 hours, as of 16:39 UTC.
Liquidation totals have differed across separate snapshots: an earlier EconoTimes Zcash report on Sunday counted $870,000 in short liquidations at 17:50 UTC.
