According to a report by Odaily Planet Daily, blockchain investigator Specter published an article on the X platform stating that approximately 16 hours ago, a wallet suspected to be related to Mining Express exchanged 5,004 ETH for approximately $8.8 million in DAI, sparking market attention to the re-flow of historical funds. Specter traced the address to an on-chain link to the Mining Express project, launched in Ukraine in 2019 by Brazilian founder Kaze Fuziyama. This project initially raised funds using a multi-level marketing (MLM) model, was later accused of being a Ponzi scheme, and shifted to cloud rendering services after ceasing repayments. On-chain data shows that in March 2024, the wallet received 4,512 ETH from a Mining Express-related address. The funds subsequently entered the staking system through Lido and Ether.fi, completing the full ETH staking in April 2026, followed by unstaking on May 4th. Specter stated that the address was first flagged on June 15th, but further analysis was only recently completed. This large-scale conversion of ETH to DAI suggests a reallocation or potential exit of long-term staked funds. Analysts point out that such on-chain activities involving the "reactivation of historical project funds + large-scale stablecoin exchange" typically raise concerns about liquidity releases and potential selling pressure.

According to Odaily Planet Daily, David Bailey, Chairman and CEO of Nakamoto, a Nasdaq-listed Bitcoin treasury company, stated that the long-standing controversy and "governance conflict attempt" related to BIP-110 ultimately failed, which is "extremely positive" for Bitcoin and further strengthens the stability of its network consensus. Bailey described the event as a complex information game that lasted for several years, involving multiple factors such as mining pool competition, alternative clients, UASF mobilization, node consensus manipulation controversies, and widespread public opinion battles on social media. Even in this highly complex environment of information dissemination and community mobilization, the relevant camps did not gain significant computing power support, accounting for "less than 1%", indicating that miners and economic participants as a whole still follow the mainstream social consensus. This result verifies the core characteristic of Bitcoin's governance structure: network consensus is jointly formed by users, miners, developers, and industry participants, rather than being dominated by a single group. He also pointed out that historical cases have shown that miners are unlikely to deviate from social consensus, and this event further reinforces this conclusion. However, he also emphasized that the incident exposed the vulnerability of the Bitcoin Core developer collaboration layer in information coordination. Its current over-reliance on public social media platforms for communication makes it more susceptible to information manipulation and content amplification, significantly increasing community coordination costs. This controversy consumed a significant amount of the community's time and attention resources, and he believes that the industry should be more actively involved in the Bitcoin Improvement Proposal (BIP) governance process in the future to improve collaboration efficiency and reduce unnecessary internal friction. David Bailey concluded that Bitcoin demonstrated strong resilience in this incident and stressed that "technological rationality and economic consensus will ultimately dominate the direction of network development."