CryptoMediumUpdated×3•Originally published 10 November 2026•Updated 11 November 2026•
1 min read
Zcash Breaks Below $1,000 Level as Grayscale Launches Ad Blitz and $1M Grants
Key Facts
1Zcash price dropped 7.76% in one hour to reach $1,092 on the Binance spot market.
2Long liquidations reached $8.96 million across Binance, Bybit, and OKX during the hour of the price drop.
Zcash price dropped below the $1,000 level on November 11, 2026. The price breach coincided with Grayscale launching a major advertising blitz in the Wall Street Journal and providing $1 million in grants.
This downward movement follows a sharp decline where the cryptocurrency hit $1,003 on November 10, 2026, driven by $10.81 million in long liquidations across Binance, Bybit, and OKX according to Tokenpost. The momentum accelerated from the $1,184 level as long liquidations significantly outweighed short positions of just $110,000.