Digital Currency

Add as a preferred source on Google

Zcash Rises 2.46% on Binance as 24-Hour Loss Reaches 10.20%

Short liquidations across Binance, Bybit and OKX totaled $90,000 during the hour, compared with $50,000 in long liquidations.

Updated 1 min read
An editorial market graphic contrasts Zcash’s hourly Binance quote with its 24-hour decline. / EconoTimes.ai
An editorial market graphic contrasts Zcash’s hourly Binance quote with its 24-hour decline. / EconoTimes.ai

As of 03:21 UTC Nov. 11 (10:21 p.m. ET Nov. 10), live market data put Zcash (ZEC) at $1,036.04, down 10.20% over 24 hours after an earlier Binance reading showed a one-hour gain.

Binance’s ZEC/USDT spot quote rose $25, from $1,012 to $1,037, in the hour ending at 10:12 p.m. ET Nov. 10, a 2.46% increase. The quote was recorded nine minutes before the live market reading.

Across Binance, Bybit and OKX, liquidations during that interval comprised $90,000 in short positions and $50,000 in long positions. The short-side total was $40,000 higher. The hourly quote and the live market reading cover different comparison windows: one hour and 24 hours, respectively.

An earlier EconoTimes report also described a separate hourly ZEC gain alongside a daily decline.

Related articles

View all