How to Spot Wall Street's Crypto Trades Hello, Savio. I am sure many of you have been watching Bitcoin (BTC) and Ethereum (ETH) skyrocket over the past few weeks. Many people have asked me if there is Dark Pool activity on cryptocurrencies. Are the Wall Street institutions and other big players trading cryptos? There is… and they are. In fact, I recently spotted some very large Dark Pool prints on the Grayscale Ethereum Trust (ETHE). 
And on February 8, I tweeted about this unusual very large print. 
Every time I have seen large blocks on ETHE or the Grayscale Bitcoin Trust (GBTC), we have seen a large movement afterward. Below is a chart of ETHE. You can see that after the print hit the tape, it splashed down. 
As I’ve told you here before, this is the pattern. Once it splashed for a few days, ETHE started to move upward, closing above $22. Below is the daily chart of Ethereum. You can see it is starting to climb. Watch the $2,000 level. That is a key level. I’m bullish on Ethereum above that. 
BP Calls Our BP plc (BP) March 19 $25 Call Options (BP210319C00025000) are the gift that keeps on giving. We started that trade back on the morning of February 8. And thanks to a plug from the Najarian brothers on CNBC, it moved so fast that we picked up an 82% gain in less than an hour! Even if you missed the first trade, you were still able to get in the BP calls on a pullback later that week – and if you made bought the calls during that pullback, you profited as well. Below, you can see the price going from $0.20 to $0.50 last week. 
That’s why last Monday, February 16, I recommended taking 100% profits on another quarter of those BP calls. Where will BP go from here – and what will we do with our final quarter? Will this gift keep giving? Stay tuned… This Week Here’s some of the key levels I am watching this week. For the SPDR S&P 500 ETF Trust (SPY), I’m bullish above $395 and bearish below $385. 
For the iShares Russell 2000 ETF (IWM), we’re bullish above $230 and bearish below $220. 
And on the Invesco QQQ Trust (QQQ) – the Nasdaq 100 ETF – I’m bullish above $335 and bearish below $330. 
As you can see in those charts, we are in the middle of these channel trend lines for all three index ETFs. This past week, we got very heavy Dark Pool prints on many of the financials, as well as on some individual names, including Starbucks Corp. (SBUX), McDonald’s Corp. (MCD), Zynga Inc. (ZNGA), Nike Inc. (NKE), AT&T Inc. (T), CVS Health Corp. (CVS), the Coca-Cola Co. (KO), and Microsoft Corp. (MSFT). With all that action going on, I will be looking for some new recommendations for you this week. Until next time… Happy trading, 
Stefanie Kammerman,
Editor, Dark Pool Trader
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