Yesterday, @deribitofficial executed the largest ETH block in history: - I took profits on a previously purchased bull spread between 4,000 and 6,000 ETH, expiring at the end of the year, totaling 26,900 ETH; - I bought new bull spreads between 5,000 and 6,500 ETH, expiring in March and the end of June next year, totaling 78,800 ETH; Total profit of $2.09 million USD. 🫡 (Mainly from the significant profit from previous profit-taking.) => I believe the current surge is over, but I remain strongly bullish on ETH in the long term, predicting a potential surge to the ATH of 6,500 in the first quarter of next year.