According to BlockBeats, on August 6th, A-shares opened lower but closed higher, with the ChiNext index rising over 1%, the Shenzhen Component Index rising 0.62%, and the Shanghai Composite Index rising 0.35% (Golden Ten).

According to BlockBeats, on August 6th, Goldman Sachs maintained its assessment of the South Korean AI blockchain sector despite the recent sharp decline. Its latest view is that the sell-off of South Korean AI-related stocks has gone too far, and the bank continues to maintain an overweight position on the South Korean stock market, considering storage cycles as the core support for this rally.

Goldman Sachs believes this recent decline primarily reflects position and leverage clearing, and the fundamental logic remains intact. Goldman Sachs' core argument remains the continued positive impact of AI computing power on DRAM, HBM, and NAND. The bank believes that AI server and cloud vendor capital expenditures, along with high-bandwidth memory demand, are creating a longer-term supply-demand imbalance, and the market has not yet fully priced in a scenario where memory chip shortages may persist until 2030. Given the high operating leverage of memory manufacturers, their profit elasticity will rapidly amplify if prices remain strong.

This also explains why Goldman Sachs remains bullish on the South Korean market after its sharp decline. Samsung Electronics and SK Hynix together account for about half of the KOSPI's weighting, making the South Korean stock market essentially a high-beta representation of the global AI hardware cycle. For US stock investors, this logic also spills over to Micron, SanDisk, Western Digital, and the semiconductor equipment supply chain. While AI stocks have recently experienced increased volatility, as long as cloud vendors' capital expenditures do not slow significantly, memory remains the most direct beneficiary of AI infrastructure.

According to BlockBeats, on August 6th, ai_9684xtpa monitored that the whale address 0x8c5...A04b1, which traded 27,000 ETH off-exchange on July 23rd, received another 10,000 ETH from Galaxy Digital in the past 5 hours, worth $19.1 million.

Since July 23, this address has accumulated 37,000 ETH, with a total value of approximately $71.13 million. The average withdrawal price was $1,922.5, and the current unrealized loss is $908,000.