Open
$42,941
Close
$42,580
Return
-0.84%
Net Flow
+709 BTC
Volume
39,871 BTC
Buy/Sell Ratio
1.04

Summary

On Wednesday, January 31, 2024, Bitcoin gave back 0.84% to $42,580. Net flow: +709 BTC — buyers had the edge.

BTC price and volume for January 31, 2024

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

Large-player activity detected: 25 bars with trade sizes 3σ+ above normal (peak: 7.6σ) between 00:25–23:05 UTC. Whale flow netted 149 BTC of selling.

Cumulative flow vs return for January 31, 2024

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 US and the day would look flat. That session alone contributed 77% of the net flow (831 BTC buying).

Morning and afternoon traded like two different markets. Sellers led early (-346 BTC), buyers dominated late (+1,054 BTC).

Across sessions: Asia +0.25%, Europe -0.57%, US -0.52% — with Europe doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.25% -189 BTC 17%
Europe 08:00 - 14:00 -0.57% 66 BTC 6%
US 14:00 - 00:00 -0.52% 831 BTC 77%
Buy vs sell volume for January 31, 2024

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

Regime Context

The buying streak extended to 3 days. Streaks this long suggest a structural flow, not just intraday traders flipping positions.

Patterns: chop whale-activity flow-reversal us-dominated flow-streak

Related Days

Days with similar flow patterns and market conditions.

May 10, 2021CHOP
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Sep 11, 2021CHOP
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Feb 06, 2022CHOP
+2.41%
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Apr 17, 2022CHOP
-1.74%
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Apr 21, 2022CHOP
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