Open
$29,233
Close
$28,068
Return
-3.98%
Net Flow
-2,910 BTC
Volume
64,434 BTC
Buy/Sell Ratio
0.91

Summary

Bitcoin closed at $28,068 on May 01, 2023 after fell 4.0%. Aggressor-side flow netted -2,910 BTC, favoring sellers.

BTC price and volume for May 01, 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

The big players were active all day. 13 bars of outsized trades (5.1σ peak) from 00:26–19:48 UTC, adding 5 BTC of selling pressure on top of the broader selling flow.

A clean, flow-driven day. The 0.95 correlation between cumulative flow and price means selling pressure was the dominant force — no hidden passive flow muddying the signal.

Cumulative flow vs return for May 01, 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

The Asia session posted the largest move. Full breakdown: Asia -2.07%, Europe -0.60%, US -1.37%.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -2.07% -1345 BTC 46%
Europe 08:00 - 14:00 -0.60% -284 BTC 10%
US 14:00 - 00:00 -1.37% -1280 BTC 44%
Buy vs sell volume for May 01, 2023

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

Regime Context

With -2,910 BTC of net flow (-1.9σ), selling pressure ran above the chop-regime baseline of -670 BTC.

Patterns: chop whale-activity

Related Days

Days with similar flow patterns and market conditions.

Mar 05, 2021CHOP
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whale-activity flow-reversal us-dominated regime-start
Mar 07, 2021CHOP
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whale-activity asia-dominated regime-start
Mar 09, 2021CHOP
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Mar 13, 2021CHOP
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extreme-flow whale-activity europe-dominated outlier-return high-volatility
Mar 15, 2021CHOP
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