Positions betting against Zcash (ZEC) were liquidated for $870,000 during a Sunday trading hour as its Binance price rose 2.15%, while no long positions were liquidated across three exchanges.
At 1:41 p.m. ET (17:41 UTC) Sunday, Binance's ZEC/USDT spot price was $1,234, up from $1,208 an hour earlier. The $870,000 tally represented forced closures of short positions; no long positions were liquidated. The combined figure covered Binance, Bybit and OKX.
As of 17:50 UTC Sunday, ZEC was $1,233.97, up 6.61% over the previous 24 hours. That daily change covers a different period from the 2.15% move measured between the hourly Binance quotes.
An Oct. 21 EconoTimes snapshot of Zcash trading put short liquidations at $490,000 across Binance, Bybit and OKX, $380,000 below Sunday's total. The earlier Binance quote was $1,212 after a 5.92% rise over four hours, a different price-measurement window from Sunday's one-hour comparison.
