Zcash (ZEC) fell 3.72% on Binance over four hours on Nov. 9, while a separate liquidation tally showed forced closures concentrated among traders betting on higher prices.
At 12:26 p.m. ET (17:26 UTC), Binance's spot market for ZEC/Tether (USDT) stood at $1,171. The four-hour comparison point was $1,216, a $45 difference. Binance's separate 24-hour reading showed ZEC down 5.80%.
A one-hour ZEC liquidation tally reported Nov. 9 covered Binance, Bybit and OKX, with $1.54 million in long liquidations and $50,000 in short liquidations. The long-side amount exceeded the short-side figure by $1.49 million. Long positions are bets on rising prices, so the tally showed greater liquidations among traders positioned for a gain.
CoinGecko/exchange spot data put ZEC at $1,170.80, down 6.14% over 24 hours as of 17:37 UTC. That was a separate snapshot from Binance's 12:26 p.m. ET quote.
A Sunday EconoTimes snapshot recorded $840,000 in long liquidations and $10,000 in shorts across Binance, Bybit and OKX during an earlier one-hour window. It also showed a 3.57% four-hour decline on Binance.
