Bitway Token Unlock Releases $110M Worth of BTW Into Circulation
A significant token unlock of 101.6 million BTW occurred on November 2, worth approximately $110 million.
A significant token unlock of 101.6 million BTW occurred on November 2, worth approximately $110 million. Bitway (BTW) is trading at $0.919, down 2.1% since this brief published. This is an original TLT brief based on reporting by Live Bitcoin News, with live market data added, as of Tue, 03 Nov 2026 09:00:05 UTC.
This large token unlock could impact Bitway's price and market dynamics by increasing circulating supply. It also highlights the ongoing vesting schedules that affect many altcoins.
- 101.6M BTW tokens worth $110M unlocked on November 2.
- Next scheduled unlock is due in December.
- BTW price down 7.53% in 24 hours amid broader market decline.
On November 2, a significant token unlock event occurred for 
Bitway (BTW), releasing 101.62 million tokens into circulation. This represents a substantial increase in the token's circulating supply, with a market value of approximately $110 million at the time of the unlock.
The token unlock is part of a regular vesting schedule and does not increase the total supply cap of 10 billion BTW. According to Live 
Bitcoin News, the next scheduled release is expected in December, indicating a monthly vesting pattern.
Multiple outlets confirm the basic details of the token unlock, with Bitcoin Sistemi highlighting the event as a notable development for the altcoin market. The token unlock comes at a time when the broader cryptocurrency market is experiencing a downturn, with Bitcoin down 2.12% in the past 24 hours and the overall market sentiment in 'Fear' territory.
Bitway's price has reacted negatively to the unlock, with a 7.53% decrease over the past day. This decline suggests potential selling pressure from newly unlocked tokens entering the market. The token's 7-day performance is even more pronounced, with a 33.29% drop.
The total cryptocurrency market cap stands at $2.63 trillion, reflecting the current market conditions. The Fear & Greed Index remains at 26, indicating a prevailing sentiment of fear among investors.
Since this brief published about 4 hours ago, Bitway (BTW) has moved from $0.9387 to $0.919 — -2.11%.
The chart plots BTW's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTW ≈ ₦1,268.81 (about $0.919), down 4.7% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitway Token Unlock Releases $110M Worth of BTW Into Circula — questions & answers
What is a token unlock?
A token unlock is when previously locked tokens are released into circulation, often as part of a vesting schedule.
How does a token unlock affect price?
Token unlocks can increase selling pressure and potentially lead to price declines as new tokens enter the market.
What is Bitway's market cap?
Bitway's market cap is $1.41 billion as of the latest data.
How much is 1 Bitway worth in naira today?
About ₦1,268.81 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.919. The naira price moves with both BTW's US-dollar price and the USDT/NGN rate; use our Bitway in naira page for any amount.
Has Bitway's price moved since this brief was published?
BTW is down 2.11% since this brief first published — trading at $0.919 now versus $0.9387 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Live Bitcoin News. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.