Short positions accounted for $410,000 of the $420,000 in Zcash (ZEC) liquidations on Binance, Bybit and OKX during an Oct. 26 trading hour, as the token gained 2.33% on Binance.
At 10:58 a.m. ET (14:58 UTC), Binance’s ZEC/Tether (USDT) spot pair was quoted at $1,250, compared with $1,222 an hour earlier. The liquidation tally across the three exchanges also included $10,000 in long positions. The spot price comparison covers Binance alone, while the liquidation figures cover Binance, Bybit and OKX.
A separate market snapshot put ZEC at $1,255.93 as of 11:15 a.m. ET (15:15 UTC), a 3.48% increase over 24 hours. That daily change covers a different period from the one-hour Binance comparison.
A Sunday EconoTimes snapshot of Zcash trading recorded $870,000 in short liquidations during a separate hour across the same three exchanges. Binance quoted ZEC at $1,234 at 1:41 p.m. ET (17:41 UTC) that day, after a 2.15% rise over the preceding hour.
