BTC Flow Analysis — May 28, 2024 BULL
Tuesday · Minute-level BTC order flow from Binance · 1,459,351 trades
Summary
On Tuesday, May 28, 2024, Bitcoin slipped 1.49% to $68,398. Net flow: -1,537 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
26 bars of outsized trades (peak 8.1σ) appeared between 00:42–19:10 UTC, with whale flow netting 55 BTC of buying.
A clean, flow-driven day. The 0.83 correlation between cumulative flow and price means selling pressure was the dominant force — no hidden passive flow muddying the signal.
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 87% of the net flow (1,813 BTC selling).
Morning and afternoon traded like two different markets. Sellers led early (-1,562 BTC), buyers dominated late (+26 BTC).
Across sessions: Asia -2.51%, Europe +0.14%, US +0.89% — with Asia doing the heavy lifting.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -2.51% | -1813 BTC | 87% |
| Europe | 08:00 - 14:00 | 0.14% | 112 BTC | 5% |
| US | 14:00 - 00:00 | 0.89% | 164 BTC | 8% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Nothing unusual for a bull-regime day. The -1.49% return was consistent with the period's average of +0.34%.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard