Open
$16,439
Close
$16,896
Return
+2.78%
Net Flow
-374 BTC
Volume
248,809 BTC
Buy/Sell Ratio
1.00

Summary

December 20, 2022: Bitcoin climbed +2.8%. The 374 BTC of net selling flow at $16,896 told a clear story — sellers were in charge.

BTC price and volume for December 20, 2022

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

Whale activity concentrated around 00:52 UTC: 10 bars with average trade sizes 4.8σ above baseline. The 37 BTC of net selling added conviction to the selling move.

This was day 7 of consecutive net selling. Multi-day streaks reflect sustained conviction, not noise.

Cumulative flow vs return for December 20, 2022

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 +2.21%, Europe -0.04%, US +0.60%. Asia stood out.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 2.21% 249 BTC 29%
Europe 08:00 - 14:00 -0.04% -391 BTC 45%
US 14:00 - 00:00 0.60% -233 BTC 27%
Buy vs sell volume for December 20, 2022

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

Regime Context

Unusually heavy volume at 248,809 BTC — +2.2σ above the chop-regime baseline. The market was paying attention.

Patterns: chop whale-activity volume-spike flow-streak

Related Days

Days with similar flow patterns and market conditions.

Sep 10, 2022CHOP
+1.34%
whale-activity flow-reversal regime-start regime-end volume-spike flow-streak
Sep 28, 2022CHOP
+1.75%
whale-activity flow-reversal volume-spike flow-streak
Nov 01, 2022CHOP
-0.03%
whale-activity europe-dominated volume-spike flow-streak
Nov 02, 2022CHOP
-1.62%
whale-activity us-dominated volume-spike flow-streak
Nov 05, 2022CHOP
+0.71%
whale-activity flow-reversal regime-end volume-spike flow-streak

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

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