ETH bulk options on Deribit buy $4,000 call options at the end of June and sell $5,000 call options

Lin Chen, head of Asia-Pacific business at Deribit, posted on the X platform that the largest option for ETH today is: a large investor paid $1.773 million to buy a $4,000 call option expiring at the end of June, and sold a $5,000 call option expiring at the end of June, totaling 11,000 ETH. This means that the user is bullish and buys bull spreads to reduce costs, and will make a profit if the ETH price exceeds $4,150 at the end of June.