Zcash fell 3.03% on Binance in an hour Thursday, while a one-hour tally across three exchanges recorded $1.26 million in long liquidations and $10,000 in short liquidations.
Long liquidations were 126 times the short tally. On Binance’s ZEC/USDT spot market, the quote fell from $994 to $964 over the hour ending 7:10 a.m. ET (12:10 UTC). The snapshot showed ZEC down 2.58% over 24 hours. The hourly price drop exceeded the daily loss by 0.45 percentage points, with the two figures covering different periods.
As of 12:19 UTC, ZEC traded at $971.36, down 1.93% over 24 hours, according to CoinGecko and exchange spot data. Liquidations are exchange-initiated position closures; the tally records their value but does not establish traders’ overall gains or losses.
A separate one-hour episode on Nov. 10 saw ZEC fall 9.57% alongside $14.34 million in liquidations, according to EconoTimes’ earlier report.
