Saturday · Minute-level BTC order flow from Binance · 1,559,982 trades
January 04, 2025: Bitcoin traded flat. The 288 BTC of net selling flow at $98,220 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).
Sustained large-player selling throughout the day. 35 bars with trade sizes 3σ+ above normal (peak: 9.6σ), spread across 00:24–23:37 UTC. The 131 BTC of whale flow reinforced the day's selling bias.
Most of the action happened during US hours, which accounted for 87% of the day's net flow (339 BTC selling). The rest of the day was a footnote.
A disconnect between flow and price (correlation: -0.31). Neither buyers nor sellers could convert aggressor-side pressure into directional movement.
Cumulative buying pressure (purple, left axis) vs cumulative price return (yellow, right axis). When these diverge, flow and price are telling different stories.
A tale of two halves — buyers pushed 41 BTC through the morning, then sellers flipped the script with 329 BTC in the afternoon.
No single session dominated price action: Asia +0.10%, Europe -0.30%, US +0.25%.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.10% | 50 BTC | 13% |
| Europe | 08:00 - 14:00 | -0.30% | 0 BTC | 0% |
| US | 14:00 - 00:00 | 0.25% | -339 BTC | 87% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
The selling streak extended to 3 days. Streaks this long suggest a structural flow, not just intraday traders flipping positions.
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard