Open
$22,783
Close
$22,708
Return
-0.33%
Net Flow
-1,892 BTC
Volume
253,578 BTC
Buy/Sell Ratio
0.99

Summary

On Sunday, January 22, 2023, Bitcoin drifted lower (-0.33%) to $22,708. Net flow: -1,892 BTC — sellers had the edge.

BTC price and volume for January 22, 2023

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. 15 bars with trade sizes 3σ+ above normal (peak: 5.6σ), spread across 00:38–23:03 UTC. The 845 BTC of whale flow reinforced the day's selling bias.

Cumulative flow vs return for January 22, 2023

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 86% of the net flow (1,703 BTC selling).

Across sessions: Asia +0.49%, Europe +0.01%, US -0.83% — with US doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.49% -228 BTC 12%
Europe 08:00 - 14:00 0.01% 39 BTC 2%
US 14:00 - 00:00 -0.83% -1703 BTC 86%
Buy vs sell volume for January 22, 2023

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

Regime Context

Trading activity surged to +2.4σ above the regime norm (253,578 BTC). When volume spikes like this, the flow data carries more weight.

Patterns: bull whale-activity us-dominated volume-spike

Related Days

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