Long liquidations across Binance, Bybit and OKX totaled $1.53 million in the hour ending 5:31 a.m. ET (10:31 UTC) Saturday, as Zcash (ZEC) traded at $1,293 against Tether (USDT) on Binance's spot market.
At 5:31 a.m. ET Saturday (10:31 UTC), the pair was quoted at $1,293, down $32 from $1,325 at 4:31 a.m. ET (9:31 UTC). That change amounts to 2.42%. The 24-hour reading at 5:31 a.m. ET (10:31 UTC) was positive 0.61%, measuring a longer period than the hourly comparison.
The liquidation totals covered Binance, Bybit and OKX for the same one-hour window, with $1.53 million in long positions closed and none in short positions. Liquidation totals show the value of closed positions, not counterparties' net gains or losses.
As of 10:43 UTC, ZEC traded at $1,289.15, up 0.27% over 24 hours, according to CoinGecko and exchange spot data.
