Wednesday · Minute-level BTC order flow from Binance · 1,913,083 trades
October 27, 2021: Bitcoin lost 3.2%. The 2,158 BTC of net selling flow at $58,413 told a clear story — sellers were in charge.
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).
The big players were active all day. 16 bars of outsized trades (7.5σ peak) from 01:01–22:38 UTC, adding 139 BTC of selling pressure on top of the broader selling flow.
Price followed flow faithfully (correlation: 0.96). When you see this level of alignment, it means one side is in control and the other isn't even fighting.
Cumulative buying pressure (purple, left axis) vs cumulative price return (yellow, right axis). When these diverge, flow and price are telling different stories.
Most of the action happened during Europe hours, which accounted for 68% of the day's net flow (1,462 BTC selling). The rest of the day was a footnote.
Breaking it down by session: Asia -0.63%, Europe -1.56%, US -1.02%. Europe stood out.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.63% | -402 BTC | 19% |
| Europe | 08:00 - 14:00 | -1.56% | -1462 BTC | 68% |
| US | 14:00 - 00:00 | -1.02% | -293 BTC | 14% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
This day sat within a bull regime. The -3.17% return tracked the regime average of +0.34%.
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
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