Wednesday · Minute-level BTC order flow from Binance · 1,438,176 trades
December 15, 2021: Bitcoin ticked up +1.09%. The 93 BTC of net buying flow at $48,865 told a clear story — buyers 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. 30 bars of outsized trades (10.6σ peak) from 00:21–21:19 UTC, adding 125 BTC of buying pressure on top of the broader buying flow.
Price followed flow faithfully (correlation: 0.88). 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.
A tale of two halves — sellers pushed 105 BTC through the morning, then buyers flipped the script with 198 BTC in the afternoon.
Breaking it down by session: Asia -0.26%, Europe -1.16%, US +2.54%. US stood out.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.26% | -259 BTC | 31% |
| Europe | 08:00 - 14:00 | -1.16% | -112 BTC | 13% |
| US | 14:00 - 00:00 | 2.54% | 464 BTC | 56% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Market conditions were bear — and this day didn't deviate. A +1.09% return against a regime average of -0.27%.
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
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