Open
$46,974
Close
$45,901
Return
-2.28%
Net Flow
-785 BTC
Volume
52,481 BTC
Buy/Sell Ratio
0.97

Summary

Bitcoin lost 2.3% on Monday, August 16, 2021, closing at $45,901 as sellers controlled aggregate flow with 785 BTC of net pressure.

BTC price and volume for August 16, 2021

BTC price (blue) and trading volume (cyan bars) per minute. Session shading: Asia (gold 00-08 UTC), Europe (green 08-14), US (red 14-00).

Flow Analysis

Sustained large-player selling throughout the day. 26 bars with trade sizes 3σ+ above normal (peak: 9.0σ), spread across 00:31–21:16 UTC. The 279 BTC of whale flow reinforced the day's selling bias.

Flow reversed midday. The first 12 hours belonged to buyers (+402 BTC), but sellers erased that and then some (-1,186 BTC) in the back half.

Price followed flow faithfully (correlation: 0.89). When you see this level of alignment, it means one side is in control and the other isn't even fighting.

Cumulative flow vs return for August 16, 2021

Cumulative buying pressure (purple, left axis) vs cumulative price return (yellow, right axis). When these diverge, flow and price are telling different stories.

Session Breakdown

Session returns: Asia +0.72%, Europe -1.84%, US -1.16%. Europe led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.72% 440 BTC 26%
Europe 08:00 - 14:00 -1.84% -233 BTC 14%
US 14:00 - 00:00 -1.16% -993 BTC 60%
Buy vs sell volume for August 16, 2021

Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.

Regime Context

This day sat within a bull regime. The -2.28% return tracked the regime average of +0.34%.

Patterns: bull whale-activity flow-reversal

Related Days

Days with similar flow patterns and market conditions.

Apr 04, 2021BULL
+2.02%
whale-activity flow-reversal regime-start
Apr 05, 2021BULL
+1.59%
whale-activity flow-reversal regime-start
Apr 06, 2021BULL
-1.93%
whale-activity flow-reversal regime-start
Apr 10, 2021BULL
+2.80%
whale-activity flow-reversal asia-dominated
Apr 11, 2021BULL
+0.39%
whale-activity flow-reversal asia-dominated

Explore this day's minute-level flow data interactively on the dashboard.

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