Myb News · Nov 12, 2026
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*Zcash lost about a quarter of its value in seven days.* The privacy-focused cryptocurrency traded around *$959.41 at 8:34 AM Eastern*, down roughly *26% over the week*, not in a single day. The slide has come alongside withdrawals from its exchange-traded fund. ZCSH saw about *$14.6 million in net withdrawals on Wednesday*, bringing November's total through November 11 to nearly *$30 million*. Reports also point to leveraged traders being forced out of positions, adding selling pressure. *What investors are saying:* crypto analyst Altcoin Sherpa is watching $800-$900 as a possible bottom, not a confirmed one. Grayscale's Steve Vanourny argues financial privacy becomes more valuable as AI makes online activity easier to analyze. Grayscale, which manages the Zcash fund, pledged *$1 million to support the ecosystem*. That's development and education support, not a promise to buy $1 million of ZEC or stop the decline. *Even a promising idea can have a painful price chart. A bullish story isn't protection against losses.*
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