Zcash rises 4.12% in four hours while 24-hour performance remains negative

  • Zcash rose 4.12% from $1,335 to $1,390 within four hours.
  • ZEC was down 0.92% over the full 24-hour period.
  • An earlier report recorded $1.72 million in short liquidations across three exchanges.

Zcash (ZEC) rose 4.12% in four hours on Binance's ZEC/USDT spot market early October 2, advancing from $1,335 to $1,390. The move came despite a 0.92% decline over the full 24-hour period. An earlier report recorded a 3.98% increase from $1,341 to $1,394 within an hour and $1.72 million in short liquidations across Binance, Bybit and OKX. Short liquidations occur when bearish leveraged positions are forcibly closed after prices rise.

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