Open
$58,161
Close
$54,019
Return
-7.12%
Net Flow
-7,339 BTC
Volume
162,066 BTC
Buy/Sell Ratio
0.91

Summary

On Monday, August 05, 2024, Bitcoin crashed -7.1% to $54,019. Net flow: -7,339 BTC — sellers had the edge.

BTC price and volume for August 05, 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

Someone was moving size. 8 bars between 01:08–16:03 UTC registered trade sizes 3σ+ above normal (peak: 4.7σ), pushing 1,382 BTC net selling.

Day 10 of unbroken net selling. The market had a directional lean and wasn't letting go.

From $49,000 to $58,306 — a 16.0% range that forced both bulls and bears to respect the volatility.

Cumulative flow vs return for August 05, 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

Strip out Asia and the day would look flat. That session alone contributed 72% of the net flow (7,981 BTC selling).

Morning and afternoon traded like two different markets. Sellers led early (-8,678 BTC), buyers dominated late (+1,339 BTC).

Across sessions: Asia -9.43%, Europe -1.37%, US +3.98% — with Asia doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -9.43% -7981 BTC 72%
Europe 08:00 - 14:00 -1.37% -1223 BTC 11%
US 14:00 - 00:00 3.98% 1865 BTC 17%
Buy vs sell volume for August 05, 2024

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

Regime Context

At -4.3σ from the bull-regime average, this was one of the most intense selling days in the period — 7,339 BTC of net pressure overwhelmed the typical flow pattern.

Even by bull-regime standards, -7.12% was extreme — -2.7σ from the +0.34% average. This wasn't a normal bull day.

In retrospect, the bull regime was ending. CHOP conditions were 3 day(s) away.

Patterns: bull extreme-flow whale-activity flow-reversal asia-dominated outlier-return regime-end high-volatility flow-streak

Related Days

Days with similar flow patterns and market conditions.

Nov 08, 2022CHOP
-9.92%
extreme-flow whale-activity asia-dominated outlier-return regime-end volume-spike high-volatility flow-streak
Mar 10, 2022BULL
-6.01%
extreme-flow whale-activity asia-dominated outlier-return regime-end high-volatility
Aug 19, 2022BULL
-10.16%
extreme-flow whale-activity outlier-return regime-end volume-spike high-volatility flow-streak
Nov 06, 2024BULL
+8.94%
whale-activity flow-reversal asia-dominated outlier-return high-volatility flow-streak
May 10, 2021CHOP
-4.16%
extreme-flow whale-activity flow-reversal us-dominated regime-start regime-end high-volatility flow-streak

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