BTC Flow Analysis — May 10, 2023 CHOP
Wednesday · Minute-level BTC order flow from Binance · 1,534,579 trades
Summary
Bitcoin closed at $27,599 on May 10, 2023 after finished near unchanged (0.11%). Aggressor-side flow netted -2,357 BTC, favoring sellers.
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. 17 bars of outsized trades (10.2σ peak) from 02:13–17:59 UTC, adding 630 BTC of selling pressure on top of the broader selling flow.
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 Europe session posted the largest move. Full breakdown: Asia -0.31%, Europe +2.28%, US -2.03%.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.31% | -1045 BTC | 33% |
| Europe | 08:00 - 14:00 | 2.28% | 412 BTC | 13% |
| US | 14:00 - 00:00 | -2.03% | -1725 BTC | 54% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Among the final days of this chop period. Within 0 day(s), the market would flip to bear.
A -1.6σ day — selling pressure exceeded the typical chop-regime flow (-670 BTC) by a notable margin.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard