Bitcoin bounces back from Binance hack selloff as US-Iran hopes lift sentiment
Bitcoin rebounded after a sharp selloff triggered by the Binance hack, as US-Iran deal hopes improved risk sentiment.
Token unlocks worth over $879.9 million are scheduled for the first week of November 2026, including Bitway, Kite, and Hyperliquid.
More than $879.9 million in tokens are set to enter the crypto market during the first week of November 2026. Significant new supplies will be unlocked by major projects such as Bitway (BTW), Kite (KITE), and Hyperliquid (HYPE).
These releases may bring market volatility and affect short-term prices. Below is a look at the key unlocks.
Bitway is a Proof-of-Stake Layer-1 blockchain compatible with Bitcoin, developed by Bitway Labs, formerly Side Protocol. Its native token, BTW, is used for staking, gas fees, and governance across the ecosystem.
Bitway will unlock 101.63 million BTW on November 2. Valued at $109.66 million, these tokens represent 3.37% of the released supply.
The larger portion of the unlock, 60.17 million BTW, goes to the community. The ecosystem allocation will get 41.46 million tokens.
Kite is an EVM-compatible Layer-1 blockchain designed for agentic payments. It enables autonomous AI agents to conduct transactions with verifiable identity and programmable governance. KITE functions as the gas, staking, and governance token for the network.
On November 3, the network will release 640 million KITE, valued at $78.30 million. These tokens make up 17.41% of the released supply. The date also marks the one-year anniversary of KITE's trading debut on November 3, 2025.
From the unlock, the team, advisors, and early contributors will receive 400 million KITE, while investors will obtain 240 million tokens.
Hyperliquid is a top decentralized perpetual futures exchange operating on its own Layer-1 blockchain. It provides high-performance trading featuring low latency, on-chain order books, and sub-second transaction finality.
On November 6, the team will unlock 180,000 HYPE, worth $15.72 million. These tokens account for 0.08% of the released supply.
All of the unlocked tokens will go to core contributors. Hyperliquid's projected schedule shows 9.92 million HYPE for this date, but the team has committed to unlocking only 180,000 tokens.
Other notable unlocks in the first week of November include Momentum (MMT), Ethena (ENA), HMX (HMX), and others, adding to the overall market-wide releases.
Tokenomist has flagged the Bitway and Kite unlocks as pending verification, meaning these numbers are still projections.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Bitcoin rebounded after a sharp selloff triggered by the Binance hack, as US-Iran deal hopes improved risk sentiment.
Large Dogecoin wallets have shed 120 million DOGE since Thursday, and the token is hovering near $0.075 with $0.068 support in focus.
After the record $6.3B Binance hack, Bitcoin charts showed three bull-market signals, though ETF investors stayed underwater.
Cardano whale holdings have fallen and technical indicators stay bearish, putting ADA at risk of further losses below $0.20.