Short positions in Zcash (ZEC) were liquidated for $850,000 across three exchanges during an hour when the asset climbed 2.61% to $1,238 on Binance at 1:05 a.m. ET (05:05 UTC) Friday, Oct. 16.
Binance's ZEC/Tether (USDT) spot market had quoted ZEC at $1,207 an hour earlier, a $31 difference by the later reading. The liquidation count covered the same one-hour period across Binance, Bybit and OKX; long liquidations were $0.
Over the 24 hours ending at the 1:05 a.m. ET reading, ZEC rose 11.50%. That daily figure measures a separate window from the one-hour price move and liquidation totals.
