BTC Flow Analysis — November 02, 2022 CHOP
Wednesday · Minute-level BTC order flow from Binance · 7,431,698 trades
Summary
On Wednesday, November 02, 2022, Bitcoin slipped 1.62% to $20,152. Net flow: -2,144 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
Sustained large-player selling throughout the day. 23 bars with trade sizes 3σ+ above normal (peak: 7.2σ), spread across 05:03–21:31 UTC. The 1,790 BTC of whale flow reinforced the day's selling bias.
Net selling for 4 straight days. Whether it's institutional positioning or sentiment-driven, the directional bias was persistent.
A clean, flow-driven day. The 0.93 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 US and the day would look flat. That session alone contributed 78% of the net flow (1,665 BTC selling).
Across sessions: Asia -0.30%, Europe -0.11%, US -1.21% — with US doing the heavy lifting.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.30% | -332 BTC | 16% |
| Europe | 08:00 - 14:00 | -0.11% | -147 BTC | 7% |
| US | 14:00 - 00:00 | -1.21% | -1665 BTC | 78% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Volume ran hot: 373,716 BTC traded, +3.6σ above the chop-regime average. High volume days tend to carry more signal.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard