Open
$29,885
Close
$30,688
Return
+2.69%
Net Flow
-1,353 BTC
Volume
73,932 BTC
Buy/Sell Ratio
0.96

Summary

Bitcoin rallied +2.7% on Friday, June 23, 2023, closing at $30,688 as sellers controlled aggregate flow with 1,353 BTC of net pressure.

BTC price and volume for June 23, 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

23 bars of outsized trades (peak 7.0σ) appeared between 00:16–18:43 UTC, with whale flow netting 366 BTC of buying.

Flow reversed midday. The first 12 hours belonged to sellers (-1,575 BTC), but buyers erased that and then some (+222 BTC) in the back half.

Cumulative flow vs return for June 23, 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: Asia +0.16%, Europe +0.49%, US +2.03%. US led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.16% -992 BTC 35%
Europe 08:00 - 14:00 0.49% -1089 BTC 39%
US 14:00 - 00:00 2.03% 727 BTC 26%
Buy vs sell volume for June 23, 2023

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

Regime Context

This was near the start of a bull regime (day 3), with the chop regime barely in the rearview mirror.

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

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

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