BTC Flow Analysis — July 31, 2024 BULL
Wednesday · Minute-level BTC order flow from Binance · 1,609,976 trades
Summary
July 31, 2024: Bitcoin lost 2.4%. The 988 BTC of net selling flow at $64,628 told a clear story — sellers 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).
Flow Analysis
The big players were active all day. 34 bars of outsized trades (10.7σ peak) from 00:14–23:54 UTC, adding 15 BTC of selling pressure on top of the broader selling flow.
Most of the action happened during US hours, which accounted for 75% of the day's net flow (745 BTC selling). The rest of the day was a footnote.
Price followed flow faithfully (correlation: 0.92). 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.
Session Breakdown
Breaking it down by session: Asia +0.05%, Europe +0.43%, US -2.83%. US stood out.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.05% | -163 BTC | 16% |
| Europe | 08:00 - 14:00 | 0.43% | -80 BTC | 8% |
| US | 14:00 - 00:00 | -2.83% | -745 BTC | 75% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
The selling streak extended to 5 days. Streaks this long suggest a structural flow, not just intraday traders flipping positions.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard