Zcash (ZEC)’s price reached $1,201 on Binance as short liquidations across three crypto exchanges totaled $2.97 million in the same hour, a snapshot showing gains alongside forced position closures.
The 24-hour gain was 7.23%. Binance’s spot ZEC/USDT market quoted the asset at $1,201 on Oct. 20, with the observation logged at 10:02 a.m. ET (14:02 UTC). About an hour before that, the quote was $1,143.
A three-exchange tally put short liquidations at $2.97 million during the hour. Long liquidations on Binance, Bybit and OKX totaled $20,000.
The balance differed from an EconoTimes snapshot from Oct. 19, when ZEC fell 2.01% in an hour as $160,000 in long positions and $90,000 in short positions were liquidated.
