Open
$26,854
Close
$28,065
Return
+4.51%
Net Flow
+2,777 BTC
Volume
43,916 BTC
Buy/Sell Ratio
1.14

Summary

On Sunday, May 28, 2023, Bitcoin pushed +4.5% higher to $28,065. Net flow: +2,777 BTC — buyers had the edge.

BTC price and volume for May 28, 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 buying throughout the day. 19 bars with trade sizes 3σ+ above normal (peak: 8.1σ), spread across 00:52–21:07 UTC. The 52 BTC of whale flow reinforced the day's buying bias.

Price followed flow faithfully (correlation: 0.85). When you see this level of alignment, it means one side is in control and the other isn't even fighting.

Cumulative flow vs return for May 28, 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

Across sessions: Asia +1.39%, Europe -0.17%, US +3.25% — with US doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 1.39% 1474 BTC 52%
Europe 08:00 - 14:00 -0.17% -24 BTC 1%
US 14:00 - 00:00 3.25% 1328 BTC 47%
Buy vs sell volume for May 28, 2023

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

Regime Context

A +1.8σ day — buying pressure exceeded the typical chop-regime flow (-670 BTC) by a notable margin.

Patterns: chop whale-activity

Related Days

Days with similar flow patterns and market conditions.

Mar 05, 2021CHOP
+2.40%
whale-activity flow-reversal us-dominated regime-start
Mar 07, 2021CHOP
+4.27%
whale-activity asia-dominated regime-start
Mar 09, 2021CHOP
+4.79%
whale-activity flow-divergence us-dominated outlier-return
Mar 13, 2021CHOP
+6.93%
extreme-flow whale-activity europe-dominated outlier-return high-volatility
Mar 15, 2021CHOP
-5.72%
extreme-flow whale-activity europe-dominated outlier-return high-volatility

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

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