BTW Faces $114M Unlock as KITE, MMT Add Supply Pressure

Token Unlocks data show several large scheduled token releases next week, led by Momentum (MMT) relative to its current circulating supply. MMT is scheduled to unlock about 252 million tokens at 8:00 a.m. Beijing time on November 4. The release is valued at about $32.3 million and equals roughly 294.38% of its circulating supply. Kite (KITE) is set to unlock about 640 million tokens at 9:00 p.m. Beijing time on November 3, valued at about $75.6 million and equivalent to roughly 17.42% of circulation. Bitway (BTW) will unlock about 101 million tokens at 4:00 p.m. Beijing time on November 2, worth about $114 million and equal to roughly 3.37% of circulating supply. Ethena (ENA) will unlock about 134 million tokens next week, valued at about $25.4 million: about 40.63 million tokens worth $7.7 million on November 2 and about 93.75 million tokens worth $17.7 million on November 5. Avalanche (AVAX) is scheduled to unlock about 1.67 million tokens at 8:00 a.m. Beijing time on November 8, worth about $14.7 million and equal to roughly 0.30% of circulation. The scheduled releases make changes in circulating supply, token flows and actual float growth key data points for the affected tokens.