Open
$49,239
Close
$49,489
Return
+0.51%
Net Flow
-25 BTC
Volume
52,463 BTC
Buy/Sell Ratio
1.00

Summary

Bitcoin closed at $49,489 on August 23, 2021 after edged higher (0.51%). Aggressor-side flow netted -25 BTC, favoring sellers.

BTC price and volume for August 23, 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

The big players were active all day. 25 bars of outsized trades (6.3σ peak) from 01:49–23:51 UTC, adding 142 BTC of selling pressure on top of the broader selling flow.

The day split in half. Buyers controlled the first 12 hours (+1,123 BTC), then sellers took over (-1,148 BTC). The reversal changed the character of the day.

Flow and price moved in lockstep (correlation: 0.91). Aggressor-side selling translated directly into price movement with minimal resistance.

Cumulative flow vs return for August 23, 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

The Asia session posted the largest move. Full breakdown: Asia +1.81%, Europe +0.07%, US -1.34%.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 1.81% 1543 BTC 50%
Europe 08:00 - 14:00 0.07% -552 BTC 18%
US 14:00 - 00:00 -1.34% -1016 BTC 33%
Buy vs sell volume for August 23, 2021

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

Regime Context

Market conditions were bull — and this day didn't deviate. A +0.51% return against a regime average of +0.34%.

Patterns: bull whale-activity flow-reversal

Related Days

Days with similar flow patterns and market conditions.

Apr 04, 2021BULL
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Apr 05, 2021BULL
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Apr 06, 2021BULL
-1.93%
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Apr 10, 2021BULL
+2.80%
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Apr 11, 2021BULL
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