OKX-BTC/USDT is currently trading at $62993.90, with a 5-minute increase of 0.23%. Please be aware of market fluctuations.

OKX-ETH/USDT is currently trading at $1787.89, up 0.14% in 5 minutes. Please be aware of market fluctuations.

[David Bailey: BIP-110 Failure Validates Bitcoin's Governance Resilience] David Bailey, Chairman and CEO of Nakamoto, stated that the controversy surrounding the failure of BIP-110 is a positive development for Bitcoin, as it validates the network's resistance to attacks and splits. The incident involved competition among mining pools, client fork proposals, AmericaF mobilization, disputes over node consensus manipulation, and information dissemination battles. David Bailey remarked that this process demonstrates that Bitcoin's ultimate consensus is formed collectively by users, miners, developers, and industry participants, rather than being dominated by a single group. The Bitcoin network has showcased strong resilience against splits.

According to Onchain Lens monitoring, after opening 40 times BTC multiple orders and 10 times HYPE multiple orders on Hyperliquid, Huang Licheng added 17 BTC multiple orders worth $1.06 million and 6900 HYPE multiple orders worth $487500, resulting in a cumulative loss of $33.28 million.

According to AI, an on chain analyst, a trader opened 22000 ETH short after four consecutive losses. The trader opened the position at an average price of $1613 and stopped loss at an average price of $1772, resulting in a three-day loss of $3.5 million.