Open
$60,698
Close
$58,161
Return
-4.18%
Net Flow
-2,503 BTC
Volume
31,617 BTC
Buy/Sell Ratio
0.85

Summary

Bitcoin fell 4.2% on Sunday, August 04, 2024, closing at $58,161 as sellers controlled aggregate flow with 2,503 BTC of net pressure.

BTC price and volume for August 04, 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. 20 bars with trade sizes 3σ+ above normal (peak: 6.5σ), spread across 00:14–21:14 UTC. The 271 BTC of whale flow reinforced the day's selling bias.

Day 9 of unbroken net selling. The market had a directional lean and wasn't letting go.

A clean, flow-driven day. The 0.94 correlation between cumulative flow and price means selling pressure was the dominant force — no hidden passive flow muddying the signal.

Cumulative flow vs return for August 04, 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

US traders set the tone. 93% of directional flow — 2,340 BTC of selling — came from that single session.

Session returns: Asia -0.53%, Europe +0.74%, US -4.38%. US led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -0.53% -56 BTC 2%
Europe 08:00 - 14:00 0.74% -107 BTC 4%
US 14:00 - 00:00 -4.38% -2340 BTC 93%
Buy vs sell volume for August 04, 2024

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

Regime Context

This day sat within a bull regime. The -4.18% return tracked the regime average of +0.34%.

Patterns: bull whale-activity us-dominated flow-streak

Related Days

Days with similar flow patterns and market conditions.

Jul 27, 2021BULL
+5.95%
whale-activity us-dominated outlier-return regime-start high-volatility flow-streak
Nov 01, 2021BULL
-0.63%
whale-activity flow-reversal us-dominated flow-streak
Mar 07, 2022BULL
-1.13%
whale-activity us-dominated flow-streak
Apr 07, 2022BULL
+0.63%
whale-activity us-dominated regime-end flow-streak
Aug 04, 2022BULL
-0.85%
whale-activity us-dominated regime-end flow-streak

Explore this day's minute-level flow data interactively on the dashboard.

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