# ![@VolumeLeaders Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::948723050958159878.png) @VolumeLeaders VolumeLeaders

Several ETFs have seen significant trades, including $SMH, $IYc, and $NDAQ, with some experiencing multiple large trades in a short period. $SMH, a tech-focused ETF, has had several top-ranked trades recently, with one being the 7th largest trade since its inception. Large trades have also been seen in $ETHU, $TARK, and $RELX, among others.

### Engagements: [------] [#](/creator/twitter::948723050958159878/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::948723050958159878/c:line/m:interactions.svg)

- [--] Week [-------] +125%
- [--] Month [-------] +37%
- [--] Months [---------] +29%
- [--] Year [---------] -29%

### Mentions: [--] [#](/creator/twitter::948723050958159878/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::948723050958159878/c:line/m:posts_active.svg)

- [--] Week [--] -11%
- [--] Month [---] -15%
- [--] Months [---] +36%
- [--] Year [-----] +0.26%

### Followers: [------] [#](/creator/twitter::948723050958159878/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::948723050958159878/c:line/m:followers.svg)

- [--] Week [------] +0.26%
- [--] Month [------] +0.87%
- [--] Months [------] +12%
- [--] Year [------] +32%

### CreatorRank: [-------] [#](/creator/twitter::948723050958159878/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::948723050958159878/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[stocks](/list/stocks)  #6212 [finance](/list/finance)  23.68% [technology brands](/list/technology-brands)  17.11% [cryptocurrencies](/list/cryptocurrencies)  6.58% [social networks](/list/social-networks)  5.26% [automotive brands](/list/automotive-brands)  2.63% [countries](/list/countries)  1.97% [exchanges](/list/exchanges)  1.32% [currencies](/list/currencies)  0.66% [financial services](/list/financial-services)  0.66%

**Social topic influence**
[$spy](/topic/$spy) #526, [trade](/topic/trade) 25.66%, [$qqq](/topic/$qqq) #265, [in the](/topic/in-the) 13.82%, [close](/topic/close) 13.16%, [level](/topic/level) 9.21%, [dark](/topic/dark) 5.92%, [$aapl](/topic/$aapl) #36, [$msft](/topic/$msft) #57, [$voo](/topic/$voo) 5.26%

**Top accounts mentioned or mentioned by**
[@brianbalance](/creator/undefined) [@davenpatel22](/creator/undefined) [@cleanconvexity](/creator/undefined) [@ericthielsenglf](/creator/undefined) [@b8trades](/creator/undefined) [@joekuhtrades](/creator/undefined) [@sholling86](/creator/undefined) [@sundaymusicx](/creator/undefined) [@chrissb70453207](/creator/undefined) [@woofystocks](/creator/undefined) [@larrydorseyiii3](/creator/undefined) [@paultschaefer](/creator/undefined) [@alwayscutting41](/creator/undefined) [@bibuba422007](/creator/undefined) [@creedmungbeans](/creator/undefined) [@airforcespartan](/creator/undefined) [@laner2021](/creator/undefined) [@adithiakusno](/creator/undefined) [@likethewolf1](/creator/undefined) [@nic_trevi](/creator/undefined)

**Top assets mentioned**
[SPDR S&P [---] ETF Trust (SPY)](/topic/$spy) [Apple, Inc. (AAPL)](/topic/$aapl) [Microsoft Corp. (MSFT)](/topic/$msft) [NVIDIA Corp. (NVDA)](/topic/$nvda) [Bitcoin (BTC)](/topic/$btc) [Tesla, Inc. (TSLA)](/topic/$tsla) [Oracle Corporation (ORCL)](/topic/$orcl) [Salesforce Inc (CRM)](/topic/$crm) [SPDR GOLD ETF (GLD)](/topic/$gld) [Eclipse (ES)](/topic/$es) [Palantir Technologies Inc. (PLTR)](/topic/$pltr) [MustangCoin (MST)](/topic/$mst) [Micron Technology, Inc. (MU)](/topic/$mu) [Walmart, Inc. (WMT)](/topic/$wmt) [VanEck BTC Trust (HODL)](/topic/$hodl) [Netflix Inc (NFLX)](/topic/$nflx) [Roblox Corp. (RBLX)](/topic/$rblx) [Figma, Inc. (FIG)](/topic/$fig) [Iris Energy Limited (IREN)](/topic/$iren) [Robinhood Markets, Inc.  (HOOD)](/topic/$hood) [Mario Coin (COIN)](/topic/$coin) [ProShares TR Ultra Ether ETF (ETHT)](/topic/$etht) [Ethereum (ETH)](/topic/$eth) [Palo Alto Networks Inc (PANW)](/topic/$panw) [Vixco (VIX)](/topic/$vix)
### Top Social Posts
Top posts by engagements in the last [--] hours

"$IGV $IGV (Software) - The largest print in a year appears (not coincidentally) at the April lows. It's a late arriving print and price is trading a bit below at the moment. Largest holdings include $MST $PLTR $ORCL $CRM. For this print to be interpreted bullishly price must https://t.co/w5xMvY5ijS $IGV (Software) - The largest print in a year appears (not coincidentally) at the April lows. It's a late arriving print and price is trading a bit below at the moment. Largest holdings include $MST $PLTR $ORCL $CRM. For this print to be interpreted bullishly price must https://t.co/w5xMvY5ijS"  
[X Link](https://x.com/VolumeLeaders/status/2020330073870705045)  2026-02-08T02:53Z 25.1K followers, 16.6K engagements


"$CPER $CPXR - Copper 2x Copper"  
[X Link](https://x.com/VolumeLeaders/status/2022036360698507464)  2026-02-12T19:53Z 25.1K followers, [----] engagements


"$PSQ (Inverse $QQQ) - We have a new #1. In most cases seeing the inverse ETFs print large at local highs (local lows for their underlying) it signals an exit which in turn suggests a reversal is near. There are countless examples of this in the VL data. The regulars know this by now. That said #2 (formerly #1) is a rare exception where a disproportionately large print on an inverse ETF arrived at a local high and price continued higher. I know it continued higher for two reasons. [--] - I have eyes. [--] - The jerks in the VL Discord have reminded me [--] times that I read that print wrong. 😂 Also"  
[X Link](https://x.com/VolumeLeaders/status/2022141193157546071)  2026-02-13T02:50Z 25.1K followers, 11.2K engagements


"$PSI (Semiconductors) - #1 here at ATH. #2 came near the [----] top (as did several other top-10s). This ETF is pretty thin so I don't recommend trading it. But as far as signals go I think it suggests semis should be cooling off soon. Top holdings include $MU $AMD $INTC $AVGO $NVDA https://twitter.com/i/web/status/2022492119194063081 https://twitter.com/i/web/status/2022492119194063081"  
[X Link](https://x.com/VolumeLeaders/status/2022492119194063081)  2026-02-14T02:04Z 25.1K followers, 12K engagements


"$VONG (Growth) - #6 arrived today as the Feb [--] lows are tested from above. Top holdings include $NVDA $AAPL $MSFT"  
[X Link](https://x.com/VolumeLeaders/status/2022495513074192441)  2026-02-14T02:18Z 25.1K followers, [----] engagements


"$SOXQ - #1 and #2 were a bit early. #4 was right on time. #3 printed today"  
[X Link](https://x.com/VolumeLeaders/status/1938693070050234671)  2025-06-27T20:17Z 25.1K followers, [----] engagements


"$ORCX (2x $ORCL)"  
[X Link](https://x.com/VolumeLeaders/status/1957812514902700412)  2025-08-19T14:30Z 25.1K followers, [----] engagements


"$SBIT (2x Inverse $BTC) - He's back again"  
[X Link](https://x.com/VolumeLeaders/status/2007205422562988418)  2026-01-02T21:40Z 25K followers, 10.7K engagements


"$BITB ( $BTC ) - Largest trade since inception"  
[X Link](https://x.com/VolumeLeaders/status/2010788288572104724)  2026-01-12T18:57Z 25.1K followers, [----] engagements


"$V - Visa. I haven't the foggiest"  
[X Link](https://x.com/VolumeLeaders/status/2011637955589521755)  2026-01-15T03:13Z 25K followers, [----] engagements


"$FISV - Tons of activity here with price trading at a fraction of last year's high"  
[X Link](https://x.com/VolumeLeaders/status/2012199756278153529)  2026-01-16T16:26Z 25K followers, [----] engagements


"$QQQ - $AZN out $WMT in. Both printed #1 trades at ATH largely due to the forced buying/selling as part of the rebalance. $43B+ for $WMT across [---] trades dwarfing all previous trade clusters. The #1 trade is about 20x larger than the next largest trade. Stats below the charts. https://twitter.com/i/web/status/2012640438222491858 https://twitter.com/i/web/status/2012640438222491858"  
[X Link](https://x.com/VolumeLeaders/status/2012640438222491858)  2026-01-17T21:37Z 25K followers, [----] engagements


"$EPU (Peru) - That's a lot of yucca"  
[X Link](https://x.com/VolumeLeaders/status/2014233009604472873)  2026-01-22T07:05Z 25K followers, [----] engagements


"$STCE - A new #1 just in time for the weekend. Same level as the previous #1. Top holdings include $BTDR $GLXY $CIFR"  
[X Link](https://x.com/VolumeLeaders/status/2014783521395548389)  2026-01-23T19:33Z 25.1K followers, 11.2K engagements


"$SBIT (2x Inverse $BTC) - #10 arrived yesterday"  
[X Link](https://x.com/VolumeLeaders/status/2016916748771979662)  2026-01-29T16:50Z 25K followers, [----] engagements


"$SIVR - Let's get physical physical. 🎶 $SLV $silver"  
[X Link](https://x.com/VolumeLeaders/status/2016933325743575495)  2026-01-29T17:55Z 25K followers, 23.3K engagements


"$VUG (Growth) - I know I talk about these growth charts a lot. I suspect you guys are as tired of reading about them as I am tired of sharing them. That said - Price tested #1 from below yesterday and rejected. Thanks to VL superuser Robin13 for reminding me. Apathy kept me from checking this one in recent days. Top holdings are $NVDA $MSFT $AAPL Here are a few updates on charts I never shut the heck up about in the VL Discord. In short - the stuff that matters is trading below the prints that matter. YTD charts shown here. $MAGS $VONG $VUG https://t.co/jmqdO94x1u Here are a few updates on"  
[X Link](https://x.com/VolumeLeaders/status/2016944403408179710)  2026-01-29T18:39Z 25K followers, [----] engagements


"$HODL ( $BTC ) - Largest trade since inception. This dark pool trade was reported late hence its disconnection from price (image 3). Presents best as a new long position"  
[X Link](https://x.com/VolumeLeaders/status/2017328118374039850)  2026-01-30T20:04Z 25.1K followers, 17.7K engagements


"Wait until they hear about $GLD. Ur welcome 😉 Ur welcome 😉"  
[X Link](https://x.com/VolumeLeaders/status/2017349837885145296)  2026-01-30T21:30Z 25K followers, [----] engagements


"@KRiSHhh_07 @brianbalance $HODL - Another late print arrived before the close. Both are below price and rank higher than all others for this ticker"  
[X Link](https://x.com/VolumeLeaders/status/2017621848112898405)  2026-01-31T15:31Z 25K followers, [---] engagements


"Issue [--] of Market Momentum is out. Payrolls ISM and a wall of megacap earnings heres whats driving the tape this week: 🔵 ES flirting with [----] as breadth churns but leverage builds under the surface 🔵 Amazon Disney Uber Chipotle and pharma/biotech heavyweights report growth consumer and AI all on the stand 🔵 ISM manufacturing and services plus JOLTS and NFP will test the softlanding narrative in real time 🔵 Regional banks REITs and industrials see multisigma institutional flows rotation out of pure megacap into realeconomy risk 🔵 Gold silver and miners light up in both directions as"  
[X Link](https://x.com/VolumeLeaders/status/2017960615768150390)  2026-02-01T13:57Z 25K followers, [----] engagements


"$GLD - Friday saw a flurry of disproportionately large trades amid the sell. Included in that cluster were the two largest trades since inception and five of the top [--]. Price remains below all of them today which tells us they're not (yet) being defended on the long side. Only by recapturing those levels can they be interpreted as dip buys. Best guess at this juncture is a mix of short covering and late long exits. Additional context on the site. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/2018385147758838266)  2026-02-02T18:04Z 25.1K followers, [----] engagements


"$PSLV - Another #1 in physical $silver hit this afternoon - this time in the Sprott ETF. Now down 10% in the AH session. $SIVR - Let's get physical physical. 🎶 $SLV $silver https://t.co/176JKMRXCu $SIVR - Let's get physical physical. 🎶 $SLV $silver https://t.co/176JKMRXCu"  
[X Link](https://x.com/VolumeLeaders/status/2019250853631144154)  2026-02-05T03:24Z 25.1K followers, [----] engagements


"@CleanConvexity $VZ"  
[X Link](https://x.com/VolumeLeaders/status/2020236893611495814)  2026-02-07T20:43Z 25.1K followers, [---] engagements


"@EricThielsenGlf $NFLX"  
[X Link](https://x.com/VolumeLeaders/status/2020237558249320686)  2026-02-07T20:45Z 25K followers, [---] engagements


"@B8trades $UNH"  
[X Link](https://x.com/VolumeLeaders/status/2020237781369553386)  2026-02-07T20:46Z 25.1K followers, [---] engagements


"@JoekuhTrades $RBLX"  
[X Link](https://x.com/VolumeLeaders/status/2020237987976737273)  2026-02-07T20:47Z 25.1K followers, [---] engagements


"@sholling86 $FIG"  
[X Link](https://x.com/VolumeLeaders/status/2020238114095067221)  2026-02-07T20:47Z 25K followers, [---] engagements


"@sundaymusicx $ARM"  
[X Link](https://x.com/VolumeLeaders/status/2020238600827539709)  2026-02-07T20:49Z 25K followers, [---] engagements


"@Chrissb70453207 $GLD"  
[X Link](https://x.com/VolumeLeaders/status/2020238785683099666)  2026-02-07T20:50Z 25.1K followers, [---] engagements


"@davenpatel22 $CRDO"  
[X Link](https://x.com/VolumeLeaders/status/2020239001618350331)  2026-02-07T20:51Z 25.1K followers, [---] engagements


"@daniel_mor_info $SPY - That pBar down to $69 makes the chart much less readable. Attached $VOO for a similar read"  
[X Link](https://x.com/VolumeLeaders/status/2020239917843128626)  2026-02-07T20:55Z 25K followers, [--] engagements


"@davenpatel22 $RBRK"  
[X Link](https://x.com/VolumeLeaders/status/2020240539871055939)  2026-02-07T20:57Z 25.1K followers, [----] engagements


"@isaac_palmquist $CRM"  
[X Link](https://x.com/VolumeLeaders/status/2020240888669302978)  2026-02-07T20:58Z 25.1K followers, [---] engagements


"@woofystocks $PYPL"  
[X Link](https://x.com/VolumeLeaders/status/2020240973272584273)  2026-02-07T20:59Z 25K followers, [---] engagements


"@Bobby_Kayrouz $TLT"  
[X Link](https://x.com/VolumeLeaders/status/2020241347459043692)  2026-02-07T21:00Z 25.1K followers, [---] engagements


"@Larrydorseyiii3 $MU"  
[X Link](https://x.com/VolumeLeaders/status/2020241502077874421)  2026-02-07T21:01Z 25K followers, [---] engagements


"@paultschaefer $HYMC"  
[X Link](https://x.com/VolumeLeaders/status/2020242004719071279)  2026-02-07T21:03Z 25.1K followers, [---] engagements


"@alwayscutting41 $IREN"  
[X Link](https://x.com/VolumeLeaders/status/2020247245405450419)  2026-02-07T21:24Z 25K followers, [---] engagements


"@_JamesWatt_ $NOW"  
[X Link](https://x.com/VolumeLeaders/status/2020247460522914203)  2026-02-07T21:25Z 25K followers, [---] engagements


"@bibuba422007 $AAPL"  
[X Link](https://x.com/VolumeLeaders/status/2020247576545722775)  2026-02-07T21:25Z 25K followers, [---] engagements


"@creedmungbeans $F"  
[X Link](https://x.com/VolumeLeaders/status/2020253639286382726)  2026-02-07T21:49Z 25.1K followers, [---] engagements


"@AirForceSpartan $RIOT"  
[X Link](https://x.com/VolumeLeaders/status/2020253745641320529)  2026-02-07T21:50Z 25K followers, [---] engagements


"@HennyOppa_ $HOOD"  
[X Link](https://x.com/VolumeLeaders/status/2020254766505357461)  2026-02-07T21:54Z 25K followers, [---] engagements


"@Laner2021 $FBIN"  
[X Link](https://x.com/VolumeLeaders/status/2020254975650402487)  2026-02-07T21:54Z 25.1K followers, [---] engagements


"@AdithiaKusno $HUT"  
[X Link](https://x.com/VolumeLeaders/status/2020255083867566172)  2026-02-07T21:55Z 25.1K followers, [---] engagements


"$SSO (2x $SPY)"  
[X Link](https://x.com/VolumeLeaders/status/2020948395041665484)  2026-02-09T19:50Z 25.1K followers, [----] engagements


"@Chat_Invest That's the ticker scorecard. From there you can click any of those chart links. Or you can use the left navigation to pull up trades clusters charts etc"  
[X Link](https://x.com/VolumeLeaders/status/2021334934569582863)  2026-02-10T21:26Z 25.1K followers, [--] engagements


"$TSLA - Before you slide into the comments: - I'm not here to argue. - I don't have a position. - I'm not making an up or down call. - I'm just sharing data which some find helpful. So - consider it or ignore it. The choice is yours. If this information makes you feel a certain way barking at me in the comments is not going to change the outcome. https://twitter.com/i/web/status/2021360534226907330 https://twitter.com/i/web/status/2021360534226907330"  
[X Link](https://x.com/VolumeLeaders/status/2021360534226907330)  2026-02-10T23:08Z 25.1K followers, 11.5K engagements


"@Dan_BTC_2021 Trade rank. One of the many contextual metrics provided by the site. More on the pinned tweet. Additional context on the site. http://volumeleaders.com/register https://x.com/VolumeLeaders/status/1551752797393195009 Rules / Guidelines / FAQ about my tweets can be found below. Reach out if you have additional questions / comments / feedback. I'm here to help. 👊 https://t.co/uaemANa0Os http://volumeleaders.com/register https://x.com/VolumeLeaders/status/1551752797393195009 Rules / Guidelines / FAQ about my tweets can be found below. Reach out if you have additional questions /"  
[X Link](https://x.com/VolumeLeaders/status/2021390352922685454)  2026-02-11T01:06Z 25.1K followers, [----] engagements


"Free access remains through Friday. $SHOP $APP $CSCO $MCD $FAST $COIN $RIVN $PINS $DKNG $MRNA Let's do something we haven't done in a while. Below is a screenshot of this week's most anticipated earnings. I've chosen ten of them to be made available for free for the rest of the week (in addition to the [--] tickers that are always free). No paid subscription necessary. https://t.co/yrRPohFQ4e Let's do something we haven't done in a while. Below is a screenshot of this week's most anticipated earnings. I've chosen ten of them to be made available for free for the rest of the week (in addition to"  
[X Link](https://x.com/VolumeLeaders/status/2021641765489647814)  2026-02-11T17:45Z 25.1K followers, [----] engagements


"$ETHT (2x $ETH) - Largest trade since inception on a pullback. Image two shows how #2-#5 were all similar share counts with #1 being about 50% larger"  
[X Link](https://x.com/VolumeLeaders/status/1985451427553050900)  2025-11-03T20:58Z 25.1K followers, 10.1K engagements


"$VUG $VONG (Growth) - These two haven't moved in months. #1 and #3 arrived today respectively. Presented in light mode for your pleasure and in dark mode for hers. Top holdings include $AAPL $NVDA $MSFT"  
[X Link](https://x.com/VolumeLeaders/status/2011160548801642500)  2026-01-13T19:36Z 25.1K followers, [----] engagements


"Here are a few updates on charts I never shut the heck up about in the VL Discord. In short - the stuff that matters is trading below the prints that matter. YTD charts shown here. $MAGS $VONG $VUG"  
[X Link](https://x.com/VolumeLeaders/status/2013651108888015113)  2026-01-20T16:33Z 25.1K followers, [----] engagements


"$PSQ (Inverse $QQQ) - #1 arrived yesterday just before the close. So did these three $SH (Inverse $SPY) @ 1M shares each. I admit I thought they were exits.that is until things got moving this morning. Tricksy hobbitses. Meanwhile $QQQ #11 continues to resolve lower and $SOXS #7 continues to resolve higher. Price has taken a less-direct route than I'd prefer but that's the way it goes sometimes. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/2019121497630208064)  2026-02-04T18:50Z 25.1K followers, [----] engagements


"$IGV (Software) - The largest print in a year appears (not coincidentally) at the April lows. It's a late arriving print and price is trading a bit below at the moment. Largest holdings include $MST $PLTR $ORCL $CRM. For this print to be interpreted bullishly price must first recapture the level at which it arrived and hold on any tests from above. Does not have to happen right away. Or at all. Additional context can be found on the site. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/2019527331627348257)  2026-02-05T21:43Z 25.1K followers, 31.8K engagements


"$SPY $QQQ $IWM Let's do some charts. Post your requests in this thread. One per customer please. I'll do as many as I can"  
[X Link](https://x.com/VolumeLeaders/status/2020236159083843887)  2026-02-07T20:40Z 25.1K followers, [----] engagements


"$IGV - Failure at the #1 level. Traded back down through the #3 level / #23 print. Two new trades arrived today at that double-stacked #9 & #10 level. Must hold or a trip back to the #7 print is almost assured"  
[X Link](https://x.com/VolumeLeaders/status/2021756032947560803)  2026-02-12T01:19Z 25.1K followers, [----] engagements


"$IGV - This is actually a great case study for levels because. You may find yourself asking "What is that #1 level" And you may find yourself behind the wheel of a large automobile. And you may find yourself in a beautiful house with a beautiful wife. And you may find yourself asking "Well how did it get there" Short answer - VL paints them for you. Longer answer - They are comprised of all institutional trades at that price going back 20+ years (or until inception - whichever one is later). In this case that #1 level became the #1 level when the #1 trade and a bunch of its friends printed"  
[X Link](https://x.com/VolumeLeaders/status/2021981137732604278)  2026-02-12T16:14Z 25.1K followers, [----] engagements


"$VOO ( $SPY ) - #3 arrived two days ago. Today we got resolution"  
[X Link](https://x.com/VolumeLeaders/status/2022017488947691873)  2026-02-12T18:38Z 25.1K followers, [----] engagements


"$EWW (Mexico) - Anything is possible but institutions don't typically buy ATH with size. It's much more plausible that the rally off the [----] low tapers out in the coming sessions. (Aye Diablo)"  
[X Link](https://x.com/VolumeLeaders/status/2022049127572680818)  2026-02-12T20:44Z 25.1K followers, [----] engagements


"I thought this went well. Let's do it again. [--] new free tickers for next week's earnings. I'll keep them available through Friday. No paid sub required. No strings attached. Explore 20+ years of trade history w/ context. $EBAY $FIG $DASH $CVNA $WMT $OPEN $PANW $AG $NEM $RGLD Register here: http://volumeleaders.com/register Let's do something we haven't done in a while. Below is a screenshot of this week's most anticipated earnings. I've chosen ten of them to be made available for free for the rest of the week (in addition to the [--] tickers that are always free). No paid subscription"  
[X Link](https://x.com/VolumeLeaders/status/2022484861043315173)  2026-02-14T01:35Z 25.1K followers, [----] engagements


"@likethewolf1 I saw those trades.and yes they were huge. $PANW is free this week. Log in and see for yourself. 🙂"  
[X Link](https://x.com/VolumeLeaders/status/2022718678861508701)  2026-02-14T17:04Z 25.1K followers, [--] engagements


"$QQQ - Quiet no more. 3M shares just dropped. $1.1B. 2nd largest trade since inception. 168x avg size. Largest trade since Jan [--]. $383.69 is the level to watch for bias http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1686093591821664256)  2023-07-31T19:16Z 25.1K followers, 57K engagements


"$SPY - $8B+ has traded at this level. It continues to get defended. More will transact overnight in the form of signature prints and be reported tomorrow. I'm bullish in the near term. And those of you that haven't put me on mute by now should know that it's really really very very difficult to get me bullish. And here we are. There are a bunch of other related trades besides $SPY / $QQQ that support this thesis but you're gonna have to sign up and see for yourself. You won't be disappointed. If we trade below these prints I'm dumb and I'm ugly and uncreative . and something else is at play."  
[X Link](https://x.com/VolumeLeaders/status/1689754410581164032)  2023-08-10T21:43Z 25.1K followers, 27.3K engagements


"$SPY $QQQ - Institutions appear to be positioning for a reversal. $SPXS - 6th largest trade. 2.1M shares. $SQQQ - 1.1M shares. 19x avg size"  
[X Link](https://x.com/VolumeLeaders/status/1696929977214640304)  2023-08-30T16:56Z 25.1K followers, 39.1K engagements


"$SPY - $5.7B close across [--] trades. This is the single largest one-day cluster since Dec [--] [----]. That was OPEX and quad-witch so elevated volume would be expected. Today was just a regular Friday. Today stands out. There are many larger clusters of course but they span across multiple days. By Monday we'll know how large this level really is after the signature prints roll in. Future retests of this level may also increase its size. Whatever direction price takes from here is very important because this level is likely to hold for a while much like the level from Dec [--] did. That level"  
[X Link](https://x.com/VolumeLeaders/status/1705397790606602726)  2023-09-23T01:44Z 25.1K followers, 84.9K engagements


"$SPY - 2.5M shares @ $425.88 It's the largest trade since Sept [--]. Short covering I'd say. If we get some more AH on the dark pools I'll be more enthusiastic about a lasting bounce. Not holding my breath. Also problematic is the absence of large $UVXY trades near the high. Volatility again closed on the highs without any indication of selling. Nothing of consequence in the megacaps except for $NVDA which seemingly always closes with a top-100 ranked trade. Outside of that trade the mag [--] trades were very much "in range" not of the size I would like to see to expect any of them to have put in"  
[X Link](https://x.com/VolumeLeaders/status/1706771593706209577)  2023-09-26T20:43Z 25.1K followers, 24.2K engagements


"$QQQ $SQQQ $TQQQ - More on my theory. When it comes to leveraged trades there's a pattern that often unfolds. At/near lows: -- [--] - Build position in the underlying as price declines. Create a base. Set a low. [--] - Short rally then pullback. [--] - Add long leverage on the pullback followed by longer/stronger rally. [--] - Close long leverage after the stronger rally. [--] - Consolidate. Chop. One more nominal high. Close longs in the underlying as price exhausts. Set a high. Same process after highs are made but in reverse: --- [--] - Build a short position in the underlying [--] - Short decline then retrace"  
[X Link](https://x.com/VolumeLeaders/status/1707951970747634142)  2023-09-30T02:54Z 25.1K followers, 137K engagements


"$SPY $QQQ - From a positioning standpoint it was a light close. That suggests they're not done selling on larger timeframes. I did see some apparent closing of short ETFs $SH and $HDGE but that's about it. A bounce is okay here. But if we get one I don't expect it to last. $VIX again closes near the high and no large $UVXY to suggest they're closing out long vol positions"  
[X Link](https://x.com/VolumeLeaders/status/1709305355883192794)  2023-10-03T20:32Z 25.1K followers, 19.2K engagements


"$SQQQ (3x bear $QQQ) - 1.1M on a dark pool sweep. Not ranked but the largest since #35 came on Sept 29th which was placed in a peculiar spot given what came before and after. But I care less about that print and more about the three that came before it. Price has returned to the zone at which we saw $SQQQ trade heavily from early to mid-September. Something to keep an eye on. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1712484232952533412)  2023-10-12T15:03Z 25.1K followers, 63.1K engagements


"$SQQQ - More arrived after the bell. This time about twice as much as this morning's trade. My assumption is they reloaded after the retrace. $18.59 is your line in the sand. Exactly 2.2M shares (suggests opening position) #41 rank Largest trade since Sept [--]. But wait there's more. $TQQQ - Exactly 1.35M shares @ $38.90. Also suggests an opening position. Rank: #80. Largest trade since July 18th the summer high. $TQQQ is near the daily Keltner top. $SQQQ is near the daily Keltner bottom $QQQ tapped the daily Keltner top earlier today. Gun to my head these two trades are both directionally"  
[X Link](https://x.com/VolumeLeaders/status/1712584932147519921)  2023-10-12T21:44Z 25.1K followers, 70.3K engagements


"$GOOGL - 6.5M shares #21 rank largest trade since Sept 15th. I don't have the energy for a write up. I'm bearish here though. --- They'll keep asking me. They'll keep asking me. They'll make me feel guilty until I tell them. . This This is ridiculous. I'll do it I'll do it I'll do it I'll do it. Shit. Pounds Chair GDI SCREAMS Forget it. That's it. Gets out of chair Walks around desk Jumps up and down --- Alright look. Price is sitting at the confluence of everything. Every single thing. 4H top daily top weekly top. Heck it's even a hair above the monthly top. Price is high. High high high."  
[X Link](https://x.com/VolumeLeaders/status/1714049904958455902)  2023-10-16T22:45Z 25.1K followers, 58.8K engagements


"$SPXS (3x inverse $SPY) - Today we got another large trade after hours suggesting this leg of the move lower in $SPY is coming to a close. It presents as profit taking near this local high and is typically followed by zero to one more nominal highs followed by a reversal. We may get a bit lower on $ES_F on Sunday night and/or Monday morning but should see a reversal take hold thereafter. 799K @ $16.56. Rank: #41 Largest trade since #17 arrived on Monday and marked the end of the previous leg lower in $SPY / higher in $SPXS. Also take note of the resistance level at which today's print"  
[X Link](https://x.com/VolumeLeaders/status/1715516352964763747)  2023-10-20T23:52Z 25.1K followers, 41.2K engagements


"$SPY $QQQ - Gigantic leveraged trades coming in. --- $UPRO - 1.1M shares @ [-----]. Rank #42 $SPXL - 1.1M shares @ $74.67. Rank #9 $SSO - 4.1M shares @ $51.87. Rank #12 $TQQQ - 4.2M shares @ $34.88. Rank #14 $SPUU - 566K @ $82.40. Rank #2 Things are moving quickly. Too quick to post analysis. Good luck everybody. These trades are uncomfortably large and price is below all of them as I type this. Sign up below if you want charts and details. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1716538778444091898)  2023-10-23T19:35Z 25.1K followers, 28.6K engagements


"$SPY - $1B at the close. Largest trade since Sept 26th. We've had four trades this large since the July top. It's at least covering. We did get a bounce after hours. I'm not optimistic about it being buying though.for two reasons. [--] - Megacaps are still trading light. [--] - $RSP was a pretty clear sell. 2b - That stupid $SPY phantom at $410 still lingers. Did they have to let it linger [--] - $XLK which has been my guidepost since it arrived is playing out just you'd expect. It's heavy heavy heavy. If $SPY was covering a new low would be okay. Covering is often followed by weak bounces that bleed"  
[X Link](https://x.com/VolumeLeaders/status/1717703376987705548)  2023-10-27T00:42Z 25.1K followers, 27.3K engagements


"$TZA (3x inverse $IWM) - This dark pool trade ranks 58th and is the largest trade since May the 4th. (May the 4th be with you.) (May it be with you as well.) Alright that's enough of that. Dorks. Now if I'm asked whether they're buying or selling I'm going to douse myself in gasoline and light myself on fire because that would be less unpleasant than having to explain for the [--] trillionth time why institutions don't buy highs with size. Don't ask think. I'm not your trade signal bro bro. The data I share shows positioning and provides context. Sometimes I throw in some analysis which is"  
[X Link](https://x.com/VolumeLeaders/status/1718079554852360636)  2023-10-28T01:37Z 25.1K followers, 21.3K engagements


"$MSFT - This morning before the open we got a bunch of late-reported dark-pool trades. That's not unusual in a vacuum but looking at the share sizes one can see that many of them are sequentially numbered. That's deliberate so I'm choosing to interpret this as some kind of coded message. I don't know what it says and maybe I never will but I'm putting this here so I'll have a reference point if I see it again. I've often suspected that institutions and algos "talk" to each other and leave little signals or cues in the data. I wonder if this might be one. #VLSignals"  
[X Link](https://x.com/VolumeLeaders/status/1722269579496566958)  2023-11-08T15:07Z 25.1K followers, 54.9K engagements


"$TLT - Today we got the largest trade since inception. 12.1M shares @ $87.50 $1.05B 105x avg size. I'm going to steer clear of any narrative or subjective interpretation of what the trade "means" and just stick to positioning. I'm not a macro bro bruh. I'm also going to avoid using the most overused word in the history of overused words. I am not going to call this trade "insane." No. I'm going to stop take a deep breath and think of another word. I did not go to school for [--] years and read all of those Cliffs notes on exam day just so I could be reduced to one adjective. Let's face it I may"  
[X Link](https://x.com/VolumeLeaders/status/1722814734905254060)  2023-11-10T03:13Z 25.1K followers, 88K engagements


"$MSFT - They're doing it again. Still don't know the significance of this phenomenon if any. Posting it for documentation purposes. $MSFT - This morning before the open we got a bunch of late-reported dark-pool trades. That's not unusual in a vacuum but looking at the share sizes one can see that many of them are sequentially numbered. That's deliberate so I'm choosing to interpret this as some kind of https://t.co/CgxZq0AKct $MSFT - This morning before the open we got a bunch of late-reported dark-pool trades. That's not unusual in a vacuum but looking at the share sizes one can see that"  
[X Link](https://x.com/VolumeLeaders/status/1726603421275591113)  2023-11-20T14:08Z 25.1K followers, 65.2K engagements


"$SPXL $UPRO $QLD $TQQQ - Since the October low institutions have bought leveraged longs with size at nearly every high pressing forward with little more than a pause at each juncture. What we're witnessing is unusual to say the least. $QQQ is at the weekly Keltner top and trading above the monthly and quarterly Keltner tops. $SPY is at the quarterly Keltner top and approaching the weekly top. The monthly top is a bit further ahead near $462. Price got above the 4H Keltner on day [--] above the daily on day [--] and hasn't looked back. We're now on day [--] of this rally. Buying begets buying."  
[X Link](https://x.com/VolumeLeaders/status/1726681608537657368)  2023-11-20T19:19Z 25.1K followers, 20.7K engagements


"$SVIX (1x inverse $VIX futures) - The largest trade since inception arrived this morning at ATH. Institutions are positioning today while nobody is looking. #1 trades at or near ATH are almost always selling. 384K @ $33.30. That's your line. Price is currently trading above the print which is customary as price trades through a large sell and continues a bit until exhaustion. The same is true of large buys near lows. Volatility returns to $SPY and $QQQ as soon as $SVIX $33.30 is breached. Probably not until next week. Positioning first. News later. Nothing of consequence on $UVXY $UVIX or"  
[X Link](https://x.com/VolumeLeaders/status/1728082580765835672)  2023-11-24T16:06Z 25.1K followers, 68.6K engagements


"$SPY - 1.39M @ $455.35 was snuck in about an hour after Friday's close. It's its largest trade in a week and presents as an opening short given its round-numbered share size and the initial move lower in futures. Short positions are unsafe if/when price recaptures Friday's close. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1728928433390985640)  2023-11-27T00:07Z 25.1K followers, 25.5K engagements


"$SPY - 4.5M @ $459.10. 24th largest trade since inception and largest trade in over a year. All ranked trades since the October [----] low are shown. Buy it if you want to. It's a hard 'pass' for me. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1730712336011317543)  2023-12-01T22:15Z 25.1K followers, 78.5K engagements


"$SPY - Today we got a cluster of [--] trades @ $470.60 - yesterday's close. It amounted to $6.9B in total which ranks larger than any other one-day cluster since June [--] [----]. Today's cluster ranked 50th. The cluster last June ranked 18th ($8.8B). We closed above that level today unlike what happened last June when price dropped $15 in a single session after that cluster arrived. For now those prints are still being defended on the long side. It's crucial that they continue to hold if further bullish resolution is to be expected. Closing below that level would suggest that inventory has been"  
[X Link](https://x.com/VolumeLeaders/status/1735507695854026846)  2023-12-15T03:50Z 25.1K followers, 36K engagements


"$MSFT - Today we got the largest trade since inception. $9.2B printed in the closing auction. That trade was also part of its largest one-day cluster since inception. $16.2B across [--] trades. "OPEX doesn't matter." "OPEX should be ignored it's just rebalancing." "Disregard OPEX volume. It's expected you STUPID IDIOT." Meanwhile every major turn in one of the most important stocks over the past few years has come within days of a top-5 ranked trade arriving on OPEX. Dismiss OPEX volume at your own peril. Institutions reposition on important dates. Expected or not money changes hands. $370 is"  
[X Link](https://x.com/VolumeLeaders/status/1735853835824816599)  2023-12-16T02:46Z 25.1K followers, 59.6K engagements


"$RSP (Equal Weighted $SPY) - I'd rather take a [---] mile ride down a gravel road on a bicycle with no seat than take a long here"  
[X Link](https://x.com/VolumeLeaders/status/1736836936809975886)  2023-12-18T19:52Z 25.1K followers, 21.3K engagements


"$SPY - I'm probably not qualified to weigh in on this metric. But I'll share my personal uninformed and reasonably biased opinion. [--] - It seems unlikely to me that institutions would go max long here after [--] weeks of already having gone max long as price sits at ATH. [--] - That leaves retail which is notoriously and predictably late to every rally. If the masses went long to the tune of $30B+ someone had to sell them those shares. Chances are that inflow is some kind of mix but any instance of elevated volume by definition means that money was changing hands. Disproportionately large volume"  
[X Link](https://x.com/VolumeLeaders/status/1737166385107571067)  2023-12-19T17:41Z 25.1K followers, 49.6K engagements


"$TSLA - Some smart guy traded exactly 3.8M shares at $260 even during RTH. That's just shy of $1B. The size alone is rare but for it to appear on a dark pool during RTH is even morer rarerer. It's the largest trade since Dec [--] when #4 arrived. Typically a transaction of this size would come at the close when there's a ton more liquidity. For reasons we may never know this whale couldn't wait an extra [--] minutes and had to get it in early. Makes me wonder what sort of "news" awaits us tonight/tomorrow. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1740117835379023977)  2023-12-27T21:09Z 25.1K followers, 83.6K engagements


"$SPY $QQQ $IWM - So many prints you guys. They are flowing. Today is not OPEX. Today is not VOLEX. Today is not FOMC. Today is not EOM. It's not even Friday. It's not even the close Today is just a random Tuesday in February. You name it it's printing. This is noteworthy. Today stands out. PAY ATTENTION"  
[X Link](https://x.com/VolumeLeaders/status/1757495257560764751)  2024-02-13T20:01Z 25.1K followers, 23.7K engagements


"$SPY / $QQQ - If there's one chart that stands out among the rest it's this $SPLG chart. $SPLG is $SPY. They are the same. Feb [--] 2024: The four largest trades since inception near ATH. By comparison: Feb [--] 2020: The six largest trades to that point (now ranked 6-10) printed near then-ATH. One week later the Covid decline began. What comes next is anybody's guess but institutional positioning is eerily similar between then and now. I think that's worth noting. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1757541310859202740)  2024-02-13T23:04Z 25.1K followers, 40.5K engagements


"$QQQ - Exactly 5M @ $444.88. $2.22B. 303x avg size. This trade is about 50% larger than the previous #1 from Jan [--] [----]. #3 came in at the July high. Important to note that we haven't seen any bear leverage of size yet. Also important to note that for as long as price remains above the print there is nothing for bears to get excited about. Let that be your level for bias. $444.88. Commit it to memory. Draw it on your charts. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1763634908663091354)  2024-03-01T18:38Z 25.1K followers, 35K engagements


"$IVW (Growth Stocks) - By now many of you are accustomed to hearing me blather on about how the largest trades tend to appear at or near important turning points. Well this ticker has been in circulation for [--] years and today alone it printed four trades ranked in the top [--] including #1 and #2. As I see it everything has lead up to this. 42% of this ETF is comprised of $AAPL $MSFT $NVDA $AMZN and $META. When this turns lower some or all of these names should turn with it. $AAPL already has a head start. Strong chance we see even more tomorrow because that's typically what we get on OPEX."  
[X Link](https://x.com/VolumeLeaders/status/1768453079907647617)  2024-03-15T01:44Z 25.1K followers, 23K engagements


"$TSLA - For the first time in a while a disproportionately large trade has appeared at a local low rather than a local high. This is an encouraging sign that a low of sorts may be near. It's only bullish if: a) Price bounces immediately and remains above the print. b) Price trades down through the print exhausts and recaptures the level at which it traded. Friday's trade ranks 23rd which is certainly respectable. At $2.2B it's the largest trade since last OPEX. But bullish expectations must be managed here. It's one of the few household names that didn't print a top-10 ranked trade on Friday."  
[X Link](https://x.com/VolumeLeaders/status/1769176759025504564)  2024-03-17T01:39Z 25.1K followers, 40K engagements


"$SPY - Today's close gave us an enormous $9.5B cluster of trades. It was the 14th largest one-day cluster since inception and was the largest of the year. The last time a cluster of this size printed was on Dec [--] [----] (OPEX). Two top-20 ranked clusters arrived that day and they were the only ones in the entire year of [----]. In total today's cluster was 18.6M shares across [--] trades @ $512.87. The image below also shows other smaller clusters at the same price dated March [--] and March [--]. Since this was the closing price we're bound to get a truckload of signature prints at the same price that"  
[X Link](https://x.com/VolumeLeaders/status/1769951112713404590)  2024-03-19T04:56Z 25.1K followers, 28.8K engagements


"$SPY - Nearly $2B on the closing trade. This fits w/ my earlier post about leveraged trades and suggests longs were closed. Lots of them. That trade ranks #32 and is the largest trade since January [--]. I'm bearish into early next week"  
[X Link](https://x.com/VolumeLeaders/status/1783966867607974251)  2024-04-26T21:10Z 25.1K followers, 20.5K engagements


"$TMF (3x $TLT) - Big drop big print. Largest ever in fact. It can only be one of four outcomes. -New long. -New short. -Covered short. -Liquidated long. Let's go through them and see if we can eliminate any. New long Sure. Makes sense. They just dropped it 5.7% in one day. Buying low would be appropriate. New short Not likely. I always assume they know ahead of time what the data will say or at least how they plan to "react" to the data that is released. The time to short was yesterday before NFP or almost anywhere else before the LOD. Let's eliminate that. Covered short Yep. If they had a"  
[X Link](https://x.com/VolumeLeaders/status/1799238392351232064)  2024-06-08T00:33Z 25.1K followers, 31.4K engagements


"$SPXL (3x $SPY) - #2 #5 #38 #41 - all in a line. I remain bearish below these prints. Now turn to charts two and three. Each ribbon represents an ATR off the mean. $ES is trading at +2 ATR on the daily. Take note of how many times price approached but did not exceed that +2 ATR threshold during the [----] run (yellow arrows). Take note that it briefly exceeded that level during the [----] run (circled) but didn't get far and quickly retreated. Take note that +2 ATR was the ceiling prior to the [----] crash. Take note that +2 ATR was a ceiling for much of the run up in [----]. Conclusion: [--] ATR on the"  
[X Link](https://x.com/VolumeLeaders/status/1802517423842599148)  2024-06-17T01:43Z 25.1K followers, 14.8K engagements


"$SPY - $1B+ intraday trade. Only the second time that's happened in [----]. The last time it happened before [----] was the [----] low. Before that was the [----] high. My point being that four of the last four times this happened it marked an important swing high or swing low. Today is the fifth. Just to be clear we get many $1B+ trades in $SPY. They come in several times a week. It's just rare when they aren't the closing trade. - Dec [----] high. - June [----] low. - April [----] high. - Today. Why do I recommend VL (aside from my obvious bias) Context. Without context we're just slinging numbers around"  
[X Link](https://x.com/VolumeLeaders/status/1828486511987167516)  2024-08-27T17:35Z 25.1K followers, 76.1K engagements


"$SPXS (3x Inverse $SPY) - 2:34PM on Friday a very large leveraged short position appears to have been closed. Chop into the close and then an after-hours dunk for the requisite overshoot. Futures are now trading well above that level (roughly $ES 5420) which corroborates this interpretation (at least so far). I'm on the lookout for another large trade a bit lower similar to what we saw with #7 and #13. If such a print arrives perhaps we'll see a similar outcome. Subs are cheap. http://volumeleaders.com/subscribe http://volumeleaders.com/subscribe"  
[X Link](https://x.com/VolumeLeaders/status/1833134607761334772)  2024-09-09T13:25Z 25.1K followers, 28.9K engagements


"$SPXS (3x Inverse $SPY) - Let's see if it plays out. Sept 6: "I'm on the lookout for another large trade a bit lower similar to what we saw with #7 and #13. If such a print arrives perhaps we'll see a similar outcome." Sept 12: #17 arrives. $SPXS (3x Inverse $SPY) - 2:34PM on Friday a very large leveraged short position appears to have been closed. Chop into the close and then an after-hours dunk for the requisite overshoot. Futures are now trading well above that level (roughly $ES 5420) which corroborates https://t.co/xnT8X69yRO $SPXS (3x Inverse $SPY) - 2:34PM on Friday a very large"  
[X Link](https://x.com/VolumeLeaders/status/1834324626341577150)  2024-09-12T20:14Z 25.1K followers, 24K engagements


"$PSQ (1x Inverse $QQQ) - Some of you may remember how the #2 ranked trade back in July marked the high in $QQQ and preceded the reversal. Today at 1:55pm EST we got #4 on a higher low after a higher low suggesting another reversal is on tap for next week. Largest trade since July [--]. 1.6M+ on a dark pool sweep right at the HOD for $QQQ. Subs had the jump naturally. http://volumeleaders.com/subscribe http://volumeleaders.com/subscribe"  
[X Link](https://x.com/VolumeLeaders/status/1834785312200901000)  2024-09-14T02:44Z 25.1K followers, 18.8K engagements


"$SPY $QQQ - I'm going to post a bunch of charts in this thread. I'm not going to do analysis on each of them. This is information for you to use. It comes at no cost. If it's useful great. If it's not nothing was lost. But please: Do not ask me "buy or sell." Do not ask me "up or down." Do not ask me "bull or bear." Do not ask me "calls or puts." Do not ask me if I have any thoughts. I don't. This is rapid fire chart porn. After that it's up to you. Take this info. Combine it with some TA. Sprinkle some macro on it. Stir it up bake at [---] for [--] minutes see what comes out. Do your best. Try"  
[X Link](https://x.com/VolumeLeaders/status/1838687061286543628)  2024-09-24T21:08Z 25.1K followers, 20.4K engagements


"$SPY - $947M intraday DP trade. Trades of this size or larger have only printed on dark pools during regular trading hours three times since [----]. The previous two instances were on OPEX which may help explain their unusual size. Today is just random October Tuesday though. That tells me this print is sufficiently rare. They don't typically do this during RTH on "regular" days. IDK what's so special about today. But this print is an outlier and I pay attention to outliers. $583.76 is your line. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1848796701483798848)  2024-10-22T18:40Z 25.1K followers, 21K engagements


"$NVDA - $5.1B at the close. 10th largest trade since inception largest since Dec [----] when #4 printed. $118.42 was the strike. Now $121+ after hours. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1884003404894330964)  2025-01-27T22:19Z 25.1K followers, 18.3K engagements


"$UPRO (3x $SPY) - Sometimes we get a nominal new high after leverage comes off at the end of the rally. Sometimes we don't. Either way positioning suggests a turn lower is likely near. Today's trade was the 2nd largest since inception at $429M+"  
[X Link](https://x.com/VolumeLeaders/status/1889130171430551649)  2025-02-11T01:51Z 25.1K followers, 16.6K engagements


"$SPY surrogates ( $SPLG $XLG $IVV $VOO ): Price is at or below all ranked prints and back at the bottom of the range defined by the December highs and January lows. The positioning we saw over the past two months was consistent with a large-scale long-running distribution. After the last week or so of selling the outcome of those trades is now reflected in price. So what's next I see signs that a more meaningful bounce is near perhaps in the next session or two. I won't get into the specifics other than to say that today appears to have been an important day from a positioning perspective."  
[X Link](https://x.com/VolumeLeaders/status/1895328338425635257)  2025-02-28T04:21Z 25.1K followers, 36.6K engagements


"$QQQ - Hope I don't jinx it. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1899299367690838190)  2025-03-11T03:20Z 25.1K followers, 19.7K engagements


"$IVV ( $SPY ) - That's an even 2M at the lows. 8th largest trade of all time and largest trade since the distribution near the highs was in full swing. $1.1B in total. CPI tomorrow. It's the wild west out there lately and the lifespan of these large trades is shorter than usual. Don't go betting the farm. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1899517001065726265)  2025-03-11T17:45Z 25.1K followers, 11.1K engagements


"$SPY $QQQ - Lots of VL charts look like this one does. But I'll focus on $IVV for this post. As discussed numerous times in the last few months both here and in the VL Discord many of the growth ETFs and $SPY surrogates showed an extended pattern of distribution near ATH from December - February. Each presented an enormous number of disproportionately large trades in a defined range. Such patterns are common when accumulating and distributing. That range was broken in mid-February and the resulting move lower has been intense. However. Since March 10th or so we've seen many these same ETFs"  
[X Link](https://x.com/VolumeLeaders/status/1901298003828240557)  2025-03-16T15:42Z 25.1K followers, 38.9K engagements


"$TQQQ (3x $QQQ) $QLD (2x $QQQ) $UPRO (3x $SPY) $SPXL (3x $SPY) - "I may revise these expectations as more data arrives." Well. More data has arrived.and it did so in spades. First - a quick review. [--] - We did not spend more time in the box as I expected. Not unless you count last night's brief pullback in futures. [--] - We did break out of the top of the box. That confirms the buying we saw last week. Here's where it gets tricky though. Institutions *may* be done rallying sooner than expected. Or at minimum ready for another deep-ish pullback before the next leg up. I say this because just"  
[X Link](https://x.com/VolumeLeaders/status/1901747915410034799)  2025-03-17T21:30Z 25.1K followers, 27.5K engagements


"$TQQQ $QLD $UPRO $SPXL - All of these charts are down substantially from the moment the aforementioned trades arrived near their respective highs yesterday. Positioning leads price. As for the underlying tickers like $SPY $QQQ $IVV and $VOO price is back in the box after a failed breakout. I don't know what these jerks have planned but I'm very interested to see what sort of positioning may arrive in the green box assuming price gets there. http://volumeleaders.com/register $TQQQ (3x $QQQ) $QLD (2x $QQQ) $UPRO (3x $SPY) $SPXL (3x $SPY) - "I may revise these expectations as more data arrives.""  
[X Link](https://x.com/VolumeLeaders/status/1901998749599056036)  2025-03-18T14:06Z 25.1K followers, 20.5K engagements


"$IVV (Just another $SPY proxy) - Alright boys and girls another big day of positioning to discuss as we attempt to navigate this balance box. I'll start by saying that it's important that all $SPY and $SPY-adjacent tickers be considered when doing analysis on $SPY. For reasons I can't explain and that probably don't matter institutions position themselves with size in different instruments at different times even though they all do mostly the same thing. So if you're only watching $SPY or $QQQ you're probably missing out. VL watches all of them. Back to our old friend $IVV. Notes on the chart"  
[X Link](https://x.com/VolumeLeaders/status/1902176520535146945)  2025-03-19T01:53Z 25.1K followers, 26.9K engagements


"Quarterly OPEX edition. 3rd largest OPEX by my count. Lots given for free in my weekly stack but the real juice is for subs-only. 300♥ on this post and I'll release this week's whole stack for everyone our secret frens only"  
[X Link](https://x.com/VolumeLeaders/status/1903801845002187128)  2025-03-23T13:31Z 25.1K followers, [----] engagements


"$VOO - In previous posts I've mentioned the need not to just watch $SPY and $QQQ but also their surrogates. We've seen a lot of activity in $IVV over the past several sessions but today $VOO took the baton. Several ranked prints arrived at the close and in aggregate they amount to more than the cluster at the lows on March [--]. Today's cluster ranked 5th overall at $2.8B. The cluster on March [--] ranked 7th at $1.9B. $IVV (not pictured) also printed a bunch at the highs. When it was said and done the cluster of trades at the close in $IVV ranked 4th largest since inception. In other words we"  
[X Link](https://x.com/VolumeLeaders/status/1904317264578351600)  2025-03-24T23:39Z 25.1K followers, 20.7K engagements


"Weekly newsletter summarizing market movements and institutional positioning is out. More value than your paid stacks given for free in the preview of my weekly stack but the real juice is for subs-only. Same offer as last week: 300♥unlocks the whole stack for everyone this week🔐"  
[X Link](https://x.com/VolumeLeaders/status/1906329288766615966)  2025-03-30T12:54Z 25.1K followers, [----] engagements


"My weekly newsletter summarizing institutional order flow is out. More value than many paid services is given in the free version of my stack but the real juice is for subs-only. 300♥OR [---] 🔁unlocks the whole stack for everyone 🔒🔑 I try to share as much as I can with you guys and a little love will help many many more 🤝💕"  
[X Link](https://x.com/VolumeLeaders/status/1908959153038758025)  2025-04-06T19:05Z 25.1K followers, [----] engagements


"$SPY - Largest trade ever. $4.45B $QQQ - Second largest trade ever. $1.55B Both at the close. $QLD (2x $QQQ) - As is often seen leverage came off (presumably) at the penultimate high. Price is now testing the orange box from below. There's a ton of supply in there. Additional context on the site. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1910085028660314341)  2025-04-09T21:38Z 25.1K followers, 29K engagements


"$PHYS (Physical $Gold 🔔) - It would be atypical to see the largest trade since inception be a fresh new long entry with price trading at ATH after a parabolic run over the last [--] months. Probabilities favor this trade being a sell or a short. Confirmed with a meaningful move below $25.44. 8M shares $204M 156x avg size. 4x larger than the next largest trade. If you have gains in long positions in $GLD $IAU or $GC this is an invitation to protect them. Institutions don't always ring a bell at the top but sometimes they do. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1912576707308998661)  2025-04-16T18:39Z 25.1K followers, 18.9K engagements


"$SPY - Well I suppose it's time to reveal the meaning of this cryptic tweet. First some context. As everybody well knows by now VL exists to provide context to institutional positioning. It's the context that helps us understand how large is large enough to matter how rare is rare enough to care and so on. Without context we are guessing we are lost. I emphasize this because without context I would not be able to produce this analysis. I'd have no way of knowing just how rare Thursday's close was because on the surface it wasn't that noteworthy. That changed two minutes after the bell when"  
[X Link](https://x.com/VolumeLeaders/status/1914326954662150319)  2025-04-21T14:34Z 25.1K followers, 52.4K engagements


"$IVV $SCHG $IWF - For the first time in a while institutions dropped some highly ranked trades below price that held. Charts attached. I've included $SPY for additional context as that #1 trade from April [--] remains the primary hurdle in the near term. Previous attempts to recapture it have failed and there's gobs of supply awaiting in the red box above if it gets through somehow. I'm interested to see how institutions respond if/when price returns to that $548 zone. For now $VIX instruments have been tamped back down and the relief rally in indexes that was suggested by the closing of"  
[X Link](https://x.com/VolumeLeaders/status/1914845400965476415)  2025-04-23T00:54Z 25.1K followers, [----] engagements


"$TSLZ (2x Inverse $TSLA) - Today we got the 2nd largest trade on the 2x Inverse ETF near this local low with the underlying testing the March highs from below after printing a top-25 ranked trade coming in at over $2B. Price closed today at the upper end of the Tesleract. 🥁 An even 950K shares at $2.49 suggests a large long position in the inverse ETF has been opened going into next week which in turn suggests a move lower in $TSLA is on deck. Price is trading at the upper BB on the daily chart and just below the 200SMA at $291. The hourly chart has price trading at around [---] ATR and way"  
[X Link](https://x.com/VolumeLeaders/status/1915979656307556629)  2025-04-26T04:02Z 25.1K followers, 17.6K engagements


"$SPY $QQQ - Bears should be pleased w/ the positioning seen at the close"  
[X Link](https://x.com/VolumeLeaders/status/1918397994174460222)  2025-05-02T20:11Z 25.1K followers, 87.9K engagements


"$SPY $QQQ - More bearish positioning arrived today. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1919574541501665325)  2025-05-06T02:06Z 25.1K followers, 16.3K engagements


"$QQQ - Today printed the 3rd largest one-day cluster since inception priced at Friday's close ($521.61). Mostly signature prints. $4.64B in total. Another $725M a few pennies lower from Friday's close. #2 was June [----] OPEX #1 was Dec [----] OPEX http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1924568214459085271)  2025-05-19T20:49Z 25.1K followers, 68.3K engagements


"$QQQ - The #3 cluster has held once again further solidifying the notion that institutions intend to defend that range from below. "From a failed move comes a fast move in the opposite direction." http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1925246588223402382)  2025-05-21T17:45Z 25.1K followers, 23.4K engagements


"$SPXU (3x Inverse $SPY) - Largest trade since April [--]. Exactly 1.24M shares @ $20.01 which presents best at least for now as a newly opened long position. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1925729505517146226)  2025-05-23T01:44Z 25.1K followers, 10.2K engagements


"$SPY $QQQ $IWM - That was one hell of a close even for EOM. Records were set on several household names. If you've been waiting to pull the trigger on trying VL today is a great day to start. [---] tickers registered trades ranked in the top-10 today. [---] clusters ranked in the top-10 too. Here's a teaser - $NFLX w/ the largest trade since inception right at the tippy top. $1.4B. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1928586488318447989)  2025-05-30T22:57Z 25.1K followers, 21.4K engagements


"$SPLG - Largest trade since inception. $VOO - 4th and 5th (and 22nd) largest trades since inception. These trades arrive after a period of time in which several other large but maybe not quite as large trades have been hitting the tape in this zone across the $SPY investment vehicles that I like to monitor. I see two possibilities here. [--] - Price has retraced to the supply zone defined by the historically large distribution that took place from December to February and institutions sold into it. [--] - Institutions waited [--] weeks and let 22% gains pass them by as they helplessly watched"  
[X Link](https://x.com/VolumeLeaders/status/1933008721422021104)  2025-06-12T03:49Z 25.1K followers, 12.6K engagements


"$VOO ( $SPY ) - Pressing against the top of the range and two of the three largest trades since inception arrived at the close today. $980M+ each. #4 and #5 arrived two weeks ago. All top-20 ranked trades are shown. There are dozens more in this range that rank in the top-100 that aren't shown. Overall it was quite a heavy close in the $SPY complex with leveraged ETFs continuing to draw an unusual amount of attention yesterday and today. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1937981442488996143)  2025-06-25T21:09Z 25.1K followers, 11.3K engagements


"Foreign market ETFs have been seeing large trades of late. Not a terribly common occurrence. $EWI (Italy) - #1 today. Price hasn't been this high since the GFC. $ARGT (Argentina) - ATH was made back in May near #3. #1 arrived on July [--]. Trading below. $INDA (India) - A smattering of trades in June and July with price trading below. http://volumeleaders.com/register https://twitter.com/i/web/status/1945320558201332212 http://volumeleaders.com/register https://twitter.com/i/web/status/1945320558201332212"  
[X Link](https://x.com/VolumeLeaders/status/1945320558201332212)  2025-07-16T03:12Z 25.1K followers, [----] engagements


"$QQQ - Just under $1.5B at ATH. 5th largest trade since inception. Give it time to resolve before drawing any conclusions about directional intent. Won't likely happen today. For reference purposes please see how price behaved after #2 arrived (image 3). This behavior was eloquently articulated by Kalez in a recent post: "These guys set bombs and move aside.""  
[X Link](https://x.com/VolumeLeaders/status/1966570054536843565)  2025-09-12T18:30Z 25.1K followers, 18.3K engagements


"$SPY - With each passing day as we inch closer to Friday's OPEX we've been watching institutions seemingly shift their attention from one index or growth ETF to the next. Today they hit $SPY (among others) with the 8th largest single-day cluster since inception. It was the largest since December [--] [----] (OPEX). $11B across [--] trades @ $659.20. For those interested the the ten largest clusters appeared on the following dates. [--] - 2020-02-28 - EOM [--] - 2018-02-06 - Local low [--] - 2023-12-15 - OPEX [--] - 2021-04-01 [--] - 2022-01-31 - EOM [--] - 2020-11-09 [--] - 2020-03-25 - [--] Days after Covid Low [--] -"  
[X Link](https://x.com/VolumeLeaders/status/1968501546511122518)  2025-09-18T02:25Z 25.1K followers, 17.1K engagements


"$VOO ( $SPY ) - Three of the five largest trades since inception arrived in the last four sessions"  
[X Link](https://x.com/VolumeLeaders/status/1970592574588231970)  2025-09-23T20:54Z 25.1K followers, 13.4K engagements


"$SSO (2x $SPY) - When long leverage arrives after as price is ascending after a direct move higher it's often a sign of longs being closed out. There are no absolutes but this does suggest that this leg up off Friday's low is closer to the end than the beginning. Trading below #72 and #74 in the coming session(s) would indicate that they're no longer being defended on the long side. https://twitter.com/i/web/status/1980358860058575009 https://twitter.com/i/web/status/1980358860058575009"  
[X Link](https://x.com/VolumeLeaders/status/1980358860058575009)  2025-10-20T19:42Z 25.1K followers, 12.6K engagements


"$ETHD (2x Inverse $ETH) - Here's another data point to consider. #2 arrived at this local high suggesting exits on the inverse ETF along with #1 $ETHT arriving at a low suggesting longs are being entered. When the long leverage and short leverage arrive with size and in tandem at local highs/lows respectively it often suggests institutions are flipping their bias. In this case it would be from short $ETH via $ETHD to long $ETH via $ETHT. https://twitter.com/i/web/status/1985474235460960498 https://twitter.com/i/web/status/1985474235460960498"  
[X Link](https://x.com/VolumeLeaders/status/1985474235460960498)  2025-11-03T22:28Z 25.1K followers, [----] engagements


"$XMHQ $IMCG - Moments before this afternoon's decline ensued back to back #1 prints arrived in two mid-cap funds. "Bro that was a bullish MM delta hedge on a myah myah blah blah blah. 🚀🚀🚀" Oh shut up"  
[X Link](https://x.com/VolumeLeaders/status/1738285064784355586)  2023-12-22T19:47Z 25.1K followers, [----] engagements


"$IMCG - Mid Cap Growth printed #3 and #4 today as price revisits the November high. Top holdings include: $RBLX $COIN $HOOD and $SNOW. This tweet was brought to you by $SNOW. $SNOW: The only enterprise data warehouse platform that won't let you write a fucking correlated subquery. Zero stars. https://twitter.com/i/web/status/1963779503056207954 https://twitter.com/i/web/status/1963779503056207954"  
[X Link](https://x.com/VolumeLeaders/status/1963779503056207954)  2025-09-05T01:41Z 25.1K followers, [----] engagements


"$IREN - Rumor has it you guys like trading this ticker. #1 came in today at the bottom of the range"  
[X Link](https://x.com/VolumeLeaders/status/1987000416869990622)  2025-11-08T03:33Z 25.1K followers, [----] engagements


"$NVDA - Friday's close gave us its largest trade cluster since inception. It was 2.5x larger than its next largest cluster back on May [--]. In total $19.7B of inventory changed hands across [--] trades almost entirely on dark pools. Before I go any further I will address the $QQQ rebalancing which is giving some a perceived basis for dismissing this unusual volume because it was "expected." I think that's a mistake. Whether it was expected or not money and inventory still changed hands. What difference does it make if we knew ahead of time If anything having a week between the announcement and"  
[X Link](https://x.com/VolumeLeaders/status/1682797141545066499)  2023-07-22T16:57Z 25.1K followers, 104.6K engagements


"$AAPL $MSFT $NVDA - 401K buyers just took on an awful lot of very expensive stocks at or near their respective ATH. Just in time for Moody's to cut their outlook. I guess we know what the hurry was about today. Quick check of the playbook and I see: Step [--] - Let a bond auction goes tits up. Step [--] - Tank everything. Step [--] - Moody's let's everybody know they have [--] hours to cash out. Step [--] - Bullgasm Now we wait to see if this is yet another toothless headline or something meaningful. Lastly this first one of you that responds with "Monday should be interesting" will be grounded for a week"  
[X Link](https://x.com/VolumeLeaders/status/1723101717191889008)  2023-11-10T22:13Z 25.1K followers, 80.3K engagements


""Hey VL how can you tell if they're buying or selling" Well it's an inexact science. But there are clues in the data that can be used to help narrow the possibilities. The process has nuances and situational awareness is recommended. Know the regime. Know the trend. Know where we are in the cycle. Know what day of the week it is what time of day it is and anything else that might provide additional context. And of course you should always overlay the trade data with technical analysis for confirmation and confluence. Buying: -Trades that arrive on a downtrend with price trading down through"  
[X Link](https://x.com/VolumeLeaders/status/1723589686109598118)  2023-11-12T06:32Z 25.1K followers, 28.8K engagements


"$SPXS $SPXU $SDS $SH - Funny story. It appears they shorted $UVXY with size about a half hour before the close and then closed out all that bear leverage from Thursday shortly after. Your feed is about to get a lot noisier as all the I-told-you-so bros emerge from today's rubble to proudly proclaim the forever low is in. (It's not.) I think we're good for a bounce in $SPY and $QQQ then we'll see. http://volumeleaders.com/register $SPY - Well I suppose it's time to reveal the meaning of this cryptic tweet. First some context. As everybody well knows by now VL exists to provide context to"  
[X Link](https://x.com/VolumeLeaders/status/1914431278146846989)  2025-04-21T21:29Z 25.1K followers, 27.8K engagements


"$AAPU (2x $AAPL) - This came in yesterday at a local low. Nice little pop today before retreating to test the print from above. Good for a quickie for those that could be nimble. Going into tomorrow it either holds or it doesn't. Bullish above $22.54. Gotta cut it if it breaks below. http://volumeleaders.com/register http://volumeleaders.com/register"  
[X Link](https://x.com/VolumeLeaders/status/1945322683027349622)  2025-07-16T03:20Z 25.1K followers, [----] engagements


"$AAPU (2x $AAPL) - #4 arrived a couple days after #1 providing additional support. The level held for a few sessions as price grinded sideways into OPEX. Today price resolved higher again. http://volumeleaders.com/register $AAPU (2x $AAPL) - Tested from above and held. Not the most impressive move off a #1 leveraged print but profitable nonetheless. https://t.co/6htjntJORg https://t.co/3n98d81cYQ http://volumeleaders.com/register $AAPU (2x $AAPL) - Tested from above and held. Not the most impressive move off a #1 leveraged print but profitable nonetheless. https://t.co/6htjntJORg"  
[X Link](https://x.com/VolumeLeaders/status/1947301937176522930)  2025-07-21T14:25Z 25.1K followers, [----] engagements


"$MAGS - Largest trade since inception and it's not even close. 2.5x larger than #2 as measured by both volume and dollars. Exactly 3M @ $64.52. And unlike most of the other highly ranked trades this one came on a dark pool instead of as a market closing print. That tells us that at least one side of the trade is a single trader as opposed to market-closing prints which are special auctions that allow anybody to participate at the closing price. For those of you that are bullish no need to read any further. For those of you expecting immediate resolution in the form of a 20% satan death redrum"  
[X Link](https://x.com/VolumeLeaders/status/1968866379215298996)  2025-09-19T02:34Z 25.1K followers, 20.5K engagements

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