Zcash (ZEC) gained 2.03% in the hour ending at 9:17 a.m. ET (14:17 UTC) Tuesday on Binance, while long liquidations exceeded short liquidations and the asset remained lower over 24 hours.
Binance’s ZEC/USDT spot quote reached $1,174 after standing at $1,151 an hour earlier. ZEC was down 3.59% from its level 24 hours before the quote.
Across Binance, Bybit and OKX, liquidations during that hour totaled $1.38 million for long positions and $1.13 million for short positions. The liquidation figures cover three exchanges, while the spot quote is from Binance.
A later market reading showed ZEC at $1,168.84, down 3.89% over 24 hours, as of 14:31 UTC.
