Woofun AI reports that a wallet associated with the Mining Exchange project exchanged 5,004 ETH for approximately 8.8 million DAI roughly 16 hours ago. The address, linked to the 2019 Ukrainian initiative founded by Kaze Fuziyama, received 4,512 ETH in March 2024 and staked it via Lido and Ether.fi, completing unstaking on May 4th. This large-scale stablecoin conversion follows the project's history of MLM allegations and payout suspensions, triggering market scrutiny regarding potential liquidity release.