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Zcash Slips 2.01% in an Hour as Long Liquidations Hit $90,000

The three-exchange tally showed $0 in short liquidations; a later market reading put ZEC up 3.20% over 24 hours.

Updated 1 min read
A customer checks a phone beside the window of a Seoul convenience store at night / TokenPost.ai (macro)
A customer checks a phone beside the window of a Seoul convenience store at night / TokenPost.ai (macro)

Zcash (ZEC) fell 2.01% in the hour ending at 10:21 p.m. ET Friday on Binance, while a three-exchange tally showed $90,000 in long liquidations and $0 in short liquidations.

Binance's ZEC/USDT spot market quoted the coin at $1,330 at the end of that hour, down from $1,357 an hour earlier. The price quote is specific to Binance; the liquidation measure combines activity on Binance, Bybit and OKX.

At the 10:21 p.m. reading, ZEC was up 1.48% over the preceding 24 hours. That daily comparison spans a different period from the hourly decline. CoinGecko and exchange spot data put ZEC at $1,337.97, up 3.20% over 24 hours, as of 03:34 UTC Saturday.

The liquidation totals measure the value of positions exchanges closed; they do not show traders' net gains or losses. The split contrasted with an earlier EconoTimes snapshot of Zcash liquidations, which recorded $160,000 in long liquidations and $90,000 in short liquidations during a separate hour on Oct. 19.

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