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Zcash price drops 11% amid whale liquidation, grant pool dispute, and upcoming NU7 upgrade

Market News
03 Nov 2026, 09:13 WIB
CryptoTicker
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Bearish
Zcash price drops 11% amid whale liquidation, grant pool dispute, and upcoming NU7 upgrade

Zcash (ZEC) fell about 11% to $1,135 due to a large leveraged buyer's position being liquidated, an internal dispute over the $124 million Zcash Community Grants pool, and the upcoming NU7 network upgrade scheduled for November 6, 2026. The whale lost approximately $5.84 million after stop-loss orders triggered below $1,200. The grant pool controversy involves how funds are allocated between community projects and miners, causing uncertainty among holders. The NU7 upgrade will shorten block times and disable old transaction types, requiring holders to move old Sprout balances before activation. Investors should consider custody, tax implications, and platform licensing before buying or holding ZEC.

Zcash's market cap on Pluang stands at Rp7,04 trillion as of Nov 03, 2026, 14:21 WIB, with a circulating supply of 16.3 million ZEC, representing 78% of the total supply. The token is trading at Rp20.513.075, down 10.47% in the last day, reflecting strong selling pressure with 100% sell orders and a typical hold time of 108 days. This trading activity coincides with the reported liquidation event and ongoing community grant disputes mentioned in the news.

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