Open
$27,454
Close
$27,463
Return
+0.03%
Net Flow
-190 BTC
Volume
50,844 BTC
Buy/Sell Ratio
0.99

Summary

Bitcoin closed at $27,463 on March 25, 2023 after finished near unchanged (0.03%). Aggressor-side flow netted -190 BTC, favoring sellers.

BTC price and volume for March 25, 2023

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

25 bars of outsized trades (peak 8.0σ) appeared between 01:07–17:02 UTC, with whale flow netting 40 BTC of buying.

The day split in half. Buyers controlled the first 12 hours (+232 BTC), then sellers took over (-423 BTC). The reversal changed the character of the day.

Cumulative flow vs return for March 25, 2023

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

Session returns were muted across the board: Asia +0.11%, Europe +0.30%, US -0.38%.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.11% 250 BTC 36%
Europe 08:00 - 14:00 0.30% -98 BTC 14%
US 14:00 - 00:00 -0.38% -342 BTC 50%
Buy vs sell volume for March 25, 2023

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

Regime Context

Day 3 of a fresh bull regime. The market had just flipped from bear, and the new character was still establishing itself.

Patterns: bull whale-activity flow-reversal regime-start

Related Days

Days with similar flow patterns and market conditions.

Apr 04, 2021BULL
+2.02%
whale-activity flow-reversal regime-start
Apr 05, 2021BULL
+1.59%
whale-activity flow-reversal regime-start
Apr 06, 2021BULL
-1.93%
whale-activity flow-reversal regime-start
Oct 08, 2021BULL
+0.31%
whale-activity flow-reversal us-dominated regime-start
Oct 09, 2021BULL
+1.84%
whale-activity flow-reversal europe-dominated regime-start

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