Open
$30,200
Close
$29,888
Return
-1.03%
Net Flow
+223 BTC
Volume
62,049 BTC
Buy/Sell Ratio
1.01

Summary

Bitcoin slipped 1.03% on Wednesday, April 12, 2023, closing at $29,888 as buyers controlled aggregate flow with 223 BTC of net pressure.

BTC price and volume for April 12, 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

Large-player activity detected: 14 bars with trade sizes 3σ+ above normal (peak: 7.2σ) between 00:57–19:47 UTC. Whale flow netted 35 BTC of selling.

Flow reversed midday. The first 12 hours belonged to buyers (+254 BTC), but sellers erased that and then some (-31 BTC) in the back half.

This was day 4 of consecutive net buying. Multi-day streaks reflect sustained conviction, not noise.

Cumulative flow vs return for April 12, 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

Europe traders set the tone. 63% of directional flow — 556 BTC of buying — came from that single session.

Session returns: Asia -0.71%, Europe +0.22%, US -0.55%. Asia led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -0.71% -54 BTC 6%
Europe 08:00 - 14:00 0.22% 556 BTC 63%
US 14:00 - 00:00 -0.55% -279 BTC 31%
Buy vs sell volume for April 12, 2023

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

Regime Context

Nothing unusual for a bull-regime day. The -1.03% return was consistent with the period's average of +0.34%.

Patterns: bull whale-activity flow-reversal europe-dominated flow-streak

Related Days

Days with similar flow patterns and market conditions.

Jun 30, 2023BULL
+0.08%
whale-activity flow-reversal europe-dominated flow-streak
Jun 02, 2025BULL
+0.20%
whale-activity flow-reversal europe-dominated regime-start flow-streak
Jun 06, 2021BEAR
+0.79%
whale-activity flow-reversal europe-dominated flow-streak
Jun 20, 2021BEAR
+0.33%
whale-activity flow-reversal europe-dominated regime-start flow-streak
Feb 05, 2022CHOP
-0.45%
whale-activity flow-reversal europe-dominated regime-start flow-streak

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

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