BTC Flow Analysis — August 06, 2023 CHOP
Sunday · Minute-level BTC order flow from Binance · 338,654 trades
Summary
Bitcoin went nowhere on Sunday, August 06, 2023, closing at $29,088 as sellers controlled aggregate flow with 236 BTC of net pressure.
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. 24 bars with trade sizes 3σ+ above normal (peak: 5.7σ), spread across 00:59–21:18 UTC. The 44 BTC of whale flow reinforced the day's selling bias.
This was day 8 of consecutive net selling. Multi-day streaks reflect sustained conviction, not noise.
An unusually tight range: 0.73% from high to low. Compression days like this tend to resolve with a larger move in the days that follow.
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. 68% of directional flow — 452 BTC of selling — came from that single session.
Session returns were muted across the board: Asia +0.07%, Europe -0.26%, US +0.25%.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.07% | 67 BTC | 10% |
| Europe | 08:00 - 14:00 | -0.26% | -452 BTC | 68% |
| US | 14:00 - 00:00 | 0.25% | 150 BTC | 22% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
This day sat within a chop regime. The +0.06% return tracked the regime average of +0.10%.
Related Days
Days with similar flow patterns and market conditions.
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