Open
$53,963
Close
$54,161
Return
+0.37%
Net Flow
-646 BTC
Volume
16,694 BTC
Buy/Sell Ratio
0.93

Summary

September 07, 2024: Bitcoin ground out a +0.37% gain. The 646 BTC of net selling flow at $54,161 told a clear story — sellers were in charge.

BTC price and volume for September 07, 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

Large-player activity detected: 33 bars with trade sizes 3σ+ above normal (peak: 8.5σ) between 00:59–23:30 UTC. Whale flow netted 78 BTC of buying.

Most of the action happened during US hours, which accounted for 75% of the day's net flow (484 BTC selling). The rest of the day was a footnote.

This was day 13 of consecutive net selling. Multi-day streaks reflect sustained conviction, not noise.

Cumulative flow vs return for September 07, 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 +0.60%, Europe +0.48%, US -0.71%. US stood out.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.60% -119 BTC 18%
Europe 08:00 - 14:00 0.48% -43 BTC 7%
US 14:00 - 00:00 -0.71% -484 BTC 75%
Buy vs sell volume for September 07, 2024

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

Regime Context

This was near the start of a bear regime (day 1), with the chop regime barely in the rearview mirror.

Patterns: bear whale-activity us-dominated regime-start flow-streak

Related Days

Days with similar flow patterns and market conditions.

Apr 25, 2021BEAR
-1.96%
whale-activity us-dominated regime-start flow-streak
May 12, 2021BEAR
-12.42%
whale-activity flow-reversal us-dominated outlier-return regime-start high-volatility flow-streak
Nov 18, 2021BEAR
-5.72%
whale-activity us-dominated regime-start flow-streak
Aug 26, 2022BEAR
-6.11%
whale-activity us-dominated regime-start high-volatility flow-streak
Aug 28, 2022BEAR
-2.41%
whale-activity flow-reversal us-dominated regime-start flow-streak

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

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