This week’s report comes as crypto markets absorbed a sharp pullback. Bitcoin slid below $100k for the first time since June, while heavy liquidations across majors added to the weakness. On the token side, we track $LINEA, this week’s largest unlock by dollar value, along with $WCT and $USUAL, two tokens seeing outsized changes to circulating supply.

Weekly Unlocks Recap

BTC fell 8.5% over the past week, breaking a key level and triggering roughly $1.3B in liquidations on Tuesday. The move weighed on ETH and most altcoins, keeping overall risk sentiment muted.

On the macro front, President Trump confirmed that no new tariffs will be announced until the Supreme Court rules on his existing tariff authority — a decision expected in early 2026. Markets took the update as a sign that policy changes may remain on hold for now.

Narrative-wise, buyback programs remained the main theme of the week, with updates from zkSync, ETHFI, Maple, and Aave. The privacy sector also saw attention as rotation continued across categories.

ATH, EIGEN, and ETHFI continue to see steady supply growth, with price remaining under pressure as new tokens enter the market. TRUMP stands out as the only token in this group showing positive move.
Until broader momentum improves, these tokens may face continued underperformance relative to the market.

Upcoming Events

Next week’s scheduled token releases total ~$905M, with notable unlocks across BTC, SOL, ETH, LINEA, and AVAX. These tokens make up the majority of this week’s unlock value, though their price impact may vary based on float size and liquidity.

Unlocks Spotlight: $LINEA

• Unlock Date: Nov 10, 2025
• Amount: $35.48M
• Unlock as % of Circulating Supply: 16.44%
• Vested Allocations: Future Airdrop, Linea Consortium (Long-Term Alignment, Ignition)

$LINEA leads this week’s unlocks by dollar value. Most tokens are directed toward community such as the Future Airdrop.

Unlocks Spotlight: $WCT

• Unlock Date: Nov 15, 2025
• Amount: $16M
• Unlock as % of Circulating Supply: 65.21%
• Vested Allocations: Team & Token Warrants (cliff unlock), Private Sale and Treasury

$WCT posts the single largest unlock relative to circulating supply this week. With a sizable portion coming from team and early allocations.

Unlocks Spotlight: $USUAL

• Unlock Date: Nov 14, 2025
• Amount: $6.4M
• Unlock as % of Circulating Supply: 20%
• Vested Allocations: Team, Investors, Ecosystem

$USUAL records the highest insider unlock share for the week. Insider allocations alone account for roughly 11% of the new circulating supply.

Notable Crypto News

• Balancer exploited for ~$110M (https://www.coindesk.com/markets/2025/11/03/balancer-hit-by-apparent-exploit-as-usd70m-in-crypto-moves-to-new-wallets)
• Trump tariff decision paused until Supreme Court ruling (CNBC)
• Google adds Polymarket and Kalshi prediction market data to Search and Finance (https://www.bloomberg.com/news/articles/2025-11-06/google-to-offer-kalshi-and-polymarket-data-on-finance-searches)
• zkSync gains momentum after Vitalik’s comments and a tokenomics flywheel update (https://finance.yahoo.com/news/zk-token-sees-136-weekly-115538865.html)