Open
$30,453
Close
$29,700
Return
-2.47%
Net Flow
-901 BTC
Volume
54,067 BTC
Buy/Sell Ratio
0.97

Summary

On Friday, June 03, 2022, Bitcoin sold off -2.5% to $29,700. Net flow: -901 BTC — sellers had the edge.

BTC price and volume for June 03, 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. 28 bars of outsized trades (7.5σ peak) from 00:22–22:05 UTC, adding 713 BTC of selling pressure on top of the broader selling flow.

Flow and price moved in lockstep (correlation: 0.98). Aggressor-side selling translated directly into price movement with minimal resistance.

Cumulative flow vs return for June 03, 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

Strip out Europe and the day would look flat. That session alone contributed 75% of the net flow (1,342 BTC selling).

Across sessions: Asia -0.03%, Europe -2.37%, US -0.07% — with Europe doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -0.03% 104 BTC 6%
Europe 08:00 - 14:00 -2.37% -1342 BTC 75%
US 14:00 - 00:00 -0.07% 336 BTC 19%
Buy vs sell volume for June 03, 2022

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

Regime Context

Among the final days of this bear period. Within 3 day(s), the market would flip to chop.

Patterns: bear whale-activity europe-dominated regime-end

Related Days

Days with similar flow patterns and market conditions.

Jul 02, 2021BEAR
+0.85%
whale-activity europe-dominated regime-end flow-streak
Sep 30, 2021BEAR
+5.54%
whale-activity europe-dominated regime-end
Feb 01, 2022BEAR
+0.59%
whale-activity europe-dominated regime-end
Oct 21, 2022BEAR
+0.64%
whale-activity europe-dominated regime-end flow-streak
May 11, 2024BEAR
+0.04%
whale-activity europe-dominated regime-end flow-streak

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

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