Tuesday · Minute-level BTC order flow from Binance · 4,234,248 trades
February 18, 2025: Bitcoin finished near unchanged (-0.11%). The 503 BTC of net selling flow at $95,672 told a clear story — sellers were in charge.
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).
36 bars of outsized trades (peak 12.1σ) appeared between 00:23–23:59 UTC, with whale flow netting 506 BTC of buying.
Price followed flow faithfully (correlation: 0.89). 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.
Most of the action happened during Asia hours, which accounted for 60% of the day's net flow (433 BTC selling). The rest of the day was a footnote.
A tale of two halves — sellers pushed 587 BTC through the morning, then buyers flipped the script with 84 BTC in the afternoon.
Breaking it down by session: Asia -0.34%, Europe +0.81%, US -0.58%. Europe stood out.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.34% | -433 BTC | 60% |
| Europe | 08:00 - 14:00 | 0.81% | 108 BTC | 15% |
| US | 14:00 - 00:00 | -0.58% | -178 BTC | 25% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
The selling streak extended to 19 days. Streaks this long suggest a structural flow, not just intraday traders flipping positions.
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard