BTC Flow Analysis — August 11, 2024 CHOP
Sunday · Minute-level BTC order flow from Binance · 1,319,469 trades
Summary
Bitcoin closed at $58,713 on August 11, 2024 after lost 3.6%. Aggressor-side flow netted -1,000 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
29 bars of outsized trades (peak 8.9σ) appeared between 00:40–23:47 UTC, with whale flow netting 392 BTC of buying.
Day 3 of unbroken net selling. The market had a directional lean and wasn't letting go.
Price followed flow faithfully (correlation: 0.98). When you see this level of alignment, it means one side is in control and the other isn't even fighting.
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 US session drove 79% of the day's directional flow, with 791 BTC of net selling. The other two sessions were comparatively quiet.
The US session posted the largest move. Full breakdown: Asia +0.55%, Europe -1.31%, US -2.89%.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.55% | -31 BTC | 3% |
| Europe | 08:00 - 14:00 | -1.31% | -179 BTC | 18% |
| US | 14:00 - 00:00 | -2.89% | -791 BTC | 79% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
The market was 3 day(s) into a new chop regime, having transitioned from bull. Early-regime days often carry residual momentum from the prior period.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard