Yesterday, @deribitofficial saw the largest ETH block trade in history: - Took profit on the 4,000-6,000 bull call spreads expiring at the end of the year, totaling 26,900 ETH. - Bought new 5,000-6,500 bull call spreads expiring in March and June next year, totaling 78,800 ETH. Total earnings: $2.09M. (Mainly because the previous take-profit made a lot.) =》Conclusion: This current pump is likely over, but still super bullish on ETH long-term. I believe there's a good chance to hit the $6,500 ATH in Q1 next year.