Goldman Sachs: South Korean AI stocks have plunged too sharply, their fundamental logic remains intact.

According to Lookonchain’s monitoring data, Arthur Hayes has purchased an additional 10.9 million Ethena tokens, worth approximately $985,000. Over the past five days, he has accumulated a total of 22.64 million Ethena tokens, with a total value of around $2 million.

According to monitoring by OnchainLens, a newly created wallet withdrew 540.17 BTC from BitGo roughly three hours ago, valued at approximately $34.9 million.

OTC whale 0x8c58 bought another 10,000 $ETH ($19.1M) today. Two weeks ago, the whale also bought 27,000 $ETH ($52.03M).

A-shares opened lower but rallied higher, with the ChiNext Index rising over 1%, the Shenzhen Component Index up 0.62%, and the Shanghai Composite Index gaining 0.35%. (Jinshi)

According to monitoring by @ai_9684xtpa, a short-term trader specializing in ETH short positions opened another 10x short position of 1,780 ETH 15 minutes ago. The position is valued at $3.37 million, with an entry price of $1,895.1. The trader previously had an 81% win rate in short-term trades.

According to The Wall Street Journal, multiple investors claim they indirectly held SpaceX shares via special purpose vehicles (SPVs) of investment firm Late Stage Management. However, after SpaceX went public in June 2026 at a $1.77 trillion valuation, investors were unable to access their accounts and were informed by the company that their shares had been sold in 2024, missing out on massive gains. The investors have filed complaints with the U.S. Securities and Exchange Commission (SEC) and hired legal counsel, with both sides holding major disputes over shareholding status. Founded in 2015, Late Stage marketed itself to individual investors as a channel to access unlisted shares of high-profile tech companies, claiming it would only generate revenue after the company’s shares went public. In March this year, three Late Stage executives admitted to fraud charges against investors. Federal prosecutors stated that Raymond John Pirrello Jr., Joseph Passalaqua, and Robert Cassino concealed markups and fees from investors. The three are awaiting sentencing, facing up to 20 to 45 years in prison. Lawyers noted that unlisted share issues are not part of their case. Lawyers for other executives did not immediately respond to requests for comment. SPVs linked to other potential blockbuster IPOs have also drawn attention. Anthropic, an AI firm expected to launch its IPO this fall, recently upset investors holding SPVs related to its stock. In May, the AI company updated a notice on its website stating it would not recognize sales of Anthropic shares without board approval, naming several online platforms that resold interests directly or indirectly via SPVs. At least two brokerages are still sending emails and text messages to potential investors, offering opportunities to acquire Anthropic stock through SPVs.