Open
$61,498
Close
$60,698
Return
-1.30%
Net Flow
-2,139 BTC
Volume
28,035 BTC
Buy/Sell Ratio
0.86

Summary

August 03, 2024: Bitcoin gave back 1.30%. The 2,139 BTC of net selling flow at $60,698 told a clear story — sellers were in charge.

BTC price and volume for August 03, 2024

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

16 bars of outsized trades (peak 9.1σ) appeared between 01:54–23:59 UTC, with whale flow netting 99 BTC of buying.

Most of the action happened during US hours, which accounted for 75% of the day's net flow (1,601 BTC selling). The rest of the day was a footnote.

Day 8 of unbroken net selling. The market had a directional lean and wasn't letting go.

Price followed flow faithfully (correlation: 0.88). 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 August 03, 2024

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

Breaking it down by session: Asia +0.27%, Europe +0.56%, US -2.11%. US stood out.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.27% -263 BTC 12%
Europe 08:00 - 14:00 0.56% -275 BTC 13%
US 14:00 - 00:00 -2.11% -1601 BTC 75%
Buy vs sell volume for August 03, 2024

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

Regime Context

Market conditions were bull — and this day didn't deviate. A -1.30% return against a regime average of +0.34%.

Patterns: bull whale-activity us-dominated flow-streak

Related Days

Days with similar flow patterns and market conditions.

Jul 27, 2021BULL
+5.95%
whale-activity us-dominated outlier-return regime-start high-volatility flow-streak
Nov 01, 2021BULL
-0.63%
whale-activity flow-reversal us-dominated flow-streak
Mar 07, 2022BULL
-1.13%
whale-activity us-dominated flow-streak
Apr 07, 2022BULL
+0.63%
whale-activity us-dominated regime-end flow-streak
Aug 04, 2022BULL
-0.85%
whale-activity us-dominated regime-end flow-streak

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

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