Digital Currency

Add as a preferred source on Google

Zcash Falls 3.17% on Binance as Long Liquidations Reach $1.91 Million

ZEC was down 9.21% over 24 hours as of 17:15 UTC, according to CoinGecko and exchange spot data.

Updated 1 min read
A privacy coin sits beside exchange liquidation markers in an editorial market graphic. / TokenPost.ai (macro)
A privacy coin sits beside exchange liquidation markers in an editorial market graphic. / TokenPost.ai (macro)

Zcash (ZEC) fell 3.17% on Binance in the hour to 12:02 p.m. ET Saturday as long liquidations across three exchanges reached $1.91 million, against $60,000 in short liquidations.

At that time, Binance’s ZEC/USDT spot pair was at $856, down $28 from $884 at 11:02 a.m. ET. Its 24-hour loss was 9.46% at the 12:02 p.m. reading.

As of 17:15 UTC Saturday, Nov. 14 (12:15 p.m. ET), Zcash (ZEC) traded at $858.60, down 9.21% over 24 hours, according to CoinGecko and exchange spot data.

The tally spanned Binance, Bybit and OKX, with long liquidations exceeding shorts by $1.85 million. It covered one hour of exchange activity, not a 24-hour total. The totals show the value of positions closed, but do not establish what individual traders ultimately gained or lost. The later price and daily loss use a separate timestamp from the Binance reading. An earlier EconoTimes report on a $45 Binance decline recorded $1.54 million in long liquidations.

Related articles

View all