Address gridsa-eth long BTC with 50 times leverage, accumulated profit of 2.83 million US dollars

According to a research report by Meritz Securities, the spot price of server DRAM has risen to $3100, a 146% premium over the contract price of $1380 at the end of June. The main driving factors are the demand for sovereign AI projects such as Saudi Arabia, the testing demand for new AI data centers, and tight supplier supply. Meritz Securities believes that the current market is similar to the server order grabbing situation in January, and predicts that the increase in contract prices after the hyperscalers' financial report will drive the rebound of memory stocks.

According to Bloomberg, the 60 day correlation coefficient between the South Korean Composite Index (KOSPI) and the Nasdaq 100 Index has risen to 0.46, close to the highest level in the past two years and about three times the five-year average of 0.16. Global fund managers view the Korean market as an indicator for observing AI investment sentiment, and pay attention to the trends of Korean technology stocks such as Samsung Electronics and SK Hynix before opening. On the 7th of this month, Nasdaq's sensitivity index to the trend of the South Korean stock market rose to its highest level since 1990.

According to Onchain Lens monitoring, Abraxas Capital transferred 10 million USDT and $4 million worth of XAUT to Binance and $4 million worth of XAUT to Bitfinex.

[BIT States Greed and Fear Index Improves, Bitcoin Shows Rebound Potential] BIT indicates that despite heavy short positions in the market and sluggish trading volume, the improvement in its Greed and Fear Index reinforces a more positive outlook for Bitcoin's trend. BIT believes that the $60,000 to $65,000 support range demonstrates resilience, and coupled with improved market sentiment, Bitcoin has rebound potential.

According to Onchain Lens monitoring, Abraxas Capital transferred assets worth $14 million to Binance and Bitfinex, including 10 million USDT and 500 XAUT (approximately $2 million) transferred to Binance, and 500 XAUT (approximately $2 million) transferred to Bitfinex.