Open
$35,472
Close
$34,038
Return
-4.04%
Net Flow
-7,746 BTC
Volume
72,446 BTC
Buy/Sell Ratio
0.81

Summary

Bitcoin closed at $34,038 on May 08, 2022 after lost 4.0%. Aggressor-side flow netted -7,746 BTC, favoring sellers.

BTC price and volume for May 08, 2022

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. 17 bars of outsized trades (7.7σ peak) from 02:30–19:39 UTC, adding 291 BTC of selling pressure on top of the broader selling flow.

Price followed flow faithfully (correlation: 0.80). 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 May 08, 2022

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 -2.47%, Europe -0.65%, US -0.97%.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -2.47% -4108 BTC 53%
Europe 08:00 - 14:00 -0.65% -1619 BTC 21%
US 14:00 - 00:00 -0.97% -2019 BTC 26%
Buy vs sell volume for May 08, 2022

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

Regime Context

Flow conviction was unusually strong: 7,746 BTC net selling, registering at -2.9σ relative to other bear-regime days. This wasn't noise — it was a directional statement.

Patterns: bear extreme-flow whale-activity

Related Days

Days with similar flow patterns and market conditions.

May 14, 2021BEAR
+0.34%
extreme-flow whale-activity regime-start flow-streak
May 16, 2021BEAR
-0.71%
extreme-flow whale-activity us-dominated high-volatility flow-streak
May 17, 2021BEAR
-6.22%
extreme-flow whale-activity high-volatility flow-streak
May 18, 2021BEAR
-1.58%
extreme-flow whale-activity high-volatility flow-streak
May 19, 2021BEAR
-14.38%
extreme-flow whale-activity outlier-return volume-spike high-volatility flow-streak

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

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