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Zcash (ZEC) Gains 3.05% as Short Liquidations Reach $2.05 Million

Long liquidations were $10,000 across Binance, Bybit and OKX. CoinGecko/exchange spot data showed ZEC at $1,296.20, up 1.86% over 24 hours, at 14:55 UTC.

Updated 1 min read
A privacy coin and two unequal stacks of liquidation markers appear in an editorial market graphic / TokenPost.ai
A privacy coin and two unequal stacks of liquidation markers appear in an editorial market graphic / TokenPost.ai

Short positions accounted for $2.05 million in Zcash (ZEC) liquidations across three exchanges during the hour to 10:45 a.m. ET (14:45 UTC) Thursday, as Binance’s price advanced 3.05%.

At the 10:45 a.m. ET check, Binance listed ZEC at $1,311, versus $1,273 one hour earlier. The snapshot’s 24-hour figure was a 2.72% gain, a separate measure from the hourly move.

Liquidations across Binance, Bybit and OKX measured $2.05 million for short positions and $10,000 for long positions. The short-side sum was roughly $205 for each dollar on the long side.

At 10:55 a.m. ET (14:55 UTC), CoinGecko/exchange spot data showed ZEC at $1,296.20, up 1.86% over 24 hours. EconoTimes had earlier recorded ZEC at $1,295 after a $44 rise over four hours in an earlier Binance snapshot.

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