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Zcash (ZEC) Falls 4.57% in 24 Hours as Long Liquidations Reach $2.43 Million

Binance quotes showed a $38 one-hour drop to $1,203 at 12:24 p.m. ET, when ZEC was down 2.46% over 24 hours.

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A market graphic compares Zcash’s 24-hour decline with long liquidations across three exchanges. / EconoTimes.ai
A market graphic compares Zcash’s 24-hour decline with long liquidations across three exchanges. / EconoTimes.ai

Zcash (ZEC) fell 4.57% over 24 hours as of 17:40 UTC Monday, while an aggregation across Binance, Bybit and OKX recorded $2.43 million in long liquidations during an earlier hour.

Live market data put ZEC at $1,176.70 as of 17:40 UTC. The tally recorded no short liquidations during the same measured hour.

At 12:24 p.m. ET (17:24 UTC) Monday, Binance's ZEC/USDT spot quote was $1,203, down $38 from $1,241 at 11:24 a.m. ET. The 24-hour decline was 2.46% at 12:24 p.m. ET, compared with 4.57% at 17:40 UTC.

Liquidation is the exchange closure of a trading position. The tally reports the value of positions closed; it does not show counterparties' net gains or losses. The $38 price comparison spans one hour, while each 24-hour percentage uses a separate endpoint.

An earlier EconoTimes report on Zcash liquidations recorded $1.61 million in long liquidations and $60,000 in short liquidations during a separate hour.

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