According to BlockBeats, on July 6, Lin Chen, head of Asia-Pacific business at Deribit, wrote that the largest ETH option today was: someone bought a $3,000 call option at the end of September (expiration exercise price) + sold a $3,900 call option, totaling 4,500 ETH, and paid a premium of $989,000.

According to analysis, this person is bullish and uses the bull spread to reduce risk and increase leverage, and will make a profit if the price is > $3,250 (breakeven point) at expiration.