Zcash (ZEC) dropped by 2.77% in one hour to $1,405 at 3:28 a.m. ET on October 1.
This decline comes after ZEC gained 0.42% over the past 24 hours.
However, despite this move, long-position liquidations totaled $570,000 across Binance, Bybit, and OKX during the same hour.
This is significantly higher than the one-hour short liquidations of $210,000.
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