Zcash (ZEC) gained 4.13% over four hours on Binance late Oct. 20, while short liquidations exceeded long liquidations across three exchanges in a separate one-hour period.
Short positions accounted for $30,000 of the $40,000 in ZEC liquidations tallied on Binance, Bybit and OKX. Long positions made up the remaining $10,000. The liquidation tally covers one hour; the Binance price change spans four.
At 8:10 p.m. ET Oct. 20 (00:10 UTC Oct. 21), Binance’s ZEC/Tether (USDT) spot pair was quoted at $1,261. The quote was $50 higher than its $1,211 level four hours earlier. ZEC was also up 10.34% from 24 hours before the check.
The snapshot put Zcash in 10th place by market capitalization, with an estimated value of $21.38 billion.
An Oct. 19 EconoTimes snapshot of Zcash trading recorded the opposite liquidation balance during a different hour. Long positions accounted for $1.61 million in liquidations across the same three exchanges, compared with $60,000 in short positions. Binance quoted ZEC at $1,123 then, down about 3.6% over four hours.
