Kite AI unlocks $76.84M in tokens, part of $212.48M crypto release this week

Kite AI (KITE) is unlocking 670 million tokens valued at about $76.84 million, representing 27.9% of its circulating supply. This token release is part of a weekly schedule including two other crypto projects: Bitway (100 million tokens worth $110 million) and Ethena Labs (140 million tokens worth $25.64 million). The combined value of these three token unlocks is approximately $212.48 million. Kite AI focuses on building infrastructure for autonomous agents, Bitway on Bitcoin-compatible decentralized finance, and Ethena Labs on the USDe stablecoin.

Kite AI (KITE) trades at Rp2.074 on Pluang as of Nov 01, 2026 07:51 WIB, showing a 1-day gain of 3.49%. The token's market cap on the platform is Rp5.44 trillion, with a 24-hour trading volume of Rp197.26 million. Most Pluang users are buyers, holding KITE for an average of 8 days, indicating active interest around the time of this large token unlock.