Tuesday · Minute-level BTC order flow from Binance · 2,072,700 trades
December 05, 2023: Bitcoin pushed +5.0% higher. The 2,141 BTC of net buying flow at $44,073 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).
Large-player activity detected: 43 bars with trade sizes 3σ+ above normal (peak: 7.4σ) between 00:42–23:22 UTC. Whale flow netted 36 BTC of selling.
Most of the action happened during US hours, which accounted for 70% of the day's net flow (2,986 BTC buying). The rest of the day was a footnote.
Price followed flow faithfully (correlation: 0.95). 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 1,225 BTC through the morning, then buyers flipped the script with 3,366 BTC in the afternoon.
Breaking it down by session: Asia -1.10%, Europe +0.71%, US +5.38%. US stood out.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -1.10% | -1058 BTC | 25% |
| Europe | 08:00 - 14:00 | 0.71% | 213 BTC | 5% |
| US | 14:00 - 00:00 | 5.38% | 2986 BTC | 70% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
This day sat within a bull regime. The +4.96% return tracked the regime average of +0.34%.
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard