Kite unlock in early November: 1.11 billion KITE become tradable, almost half the circulating supply

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.At Kite the one-year lockup ends in early November, and 1.11 billion KITE come free at once. That is 43 to 46 percent of the circulating supply and the value of almost twelve trading days.At Kite (KITE) the one-year lockup expires in early November 2026, and around 1.11 billion KITE come free in a single tranche. Measured against the total supply of ten billion tokens that is 11.1 percent. Measured against the amount that can actually be traded today it is 43 to 46 percent. The Kite unlock therefore enlarges the circulating supply by almost half in one day, and that is why holders are looking more closely now than they would at an ordinary monthly instalment. This article works through three things: where the 1.11 billion tokens come from, how the sum compares with daily trading turnover, and which part of the date is actually documented. The most important caveat first: the amounts are fixed, the calendar date is inferred. That is why this article says "early November" and give...