BTC Flow Analysis — May 22, 2024 BULL
Wednesday · Minute-level BTC order flow from Binance · 1,371,973 trades
Summary
On Wednesday, May 22, 2024, Bitcoin drifted lower (-1.40%) to $69,167. Net flow: -1,424 BTC — sellers had the edge.
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
Sustained large-player selling throughout the day. 23 bars with trade sizes 3σ+ above normal (peak: 5.9σ), spread across 00:46–21:00 UTC. The 150 BTC of whale flow reinforced the day's selling bias.
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 Asia and the day would look flat. That session alone contributed 65% of the net flow (927 BTC selling).
Across sessions: Asia -0.62%, Europe -0.18%, US -0.60% — with Asia doing the heavy lifting.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.62% | -927 BTC | 65% |
| Europe | 08:00 - 14:00 | -0.18% | -217 BTC | 15% |
| US | 14:00 - 00:00 | -0.60% | -279 BTC | 20% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
The market was 3 day(s) into a new bull regime, having transitioned from chop. Early-regime days often carry residual momentum from the prior period.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard