Open
$70,538
Close
$71,108
Return
+0.81%
Net Flow
-283 BTC
Volume
28,703 BTC
Buy/Sell Ratio
0.98

Summary

On Wednesday, June 05, 2024, Bitcoin ticked up +0.81% to $71,108. Net flow: -283 BTC — sellers had the edge.

BTC price and volume for June 05, 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

Sustained large-player selling throughout the day. 13 bars with trade sizes 3σ+ above normal (peak: 6.7σ), spread across 00:51–23:26 UTC. The 45 BTC of whale flow reinforced the day's selling bias.

Cumulative flow vs return for June 05, 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

Morning and afternoon traded like two different markets. Buyers led early (+170 BTC), sellers dominated late (-453 BTC).

Across sessions: Asia +0.94%, Europe -0.66%, US +0.53% — with Asia doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.94% 413 BTC 37%
Europe 08:00 - 14:00 -0.66% -458 BTC 41%
US 14:00 - 00:00 0.53% -237 BTC 21%
Buy vs sell volume for June 05, 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 market was 2 day(s) into a new bull regime, having transitioned from chop. Early-regime days often carry residual momentum from the prior period.

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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