Condition · recorded history

Whale prints carrying a third of volume

Large trades have accounted for at least a third of traded volume over the last 15 minutes.

What is order flow?

Recorded window: 5 Oct 2026 to 3 Nov 2026 (UTC). Counted 4 Nov 2026 at 08:11 UTC.

Read it in context

On one market
Each market page compares that market with its own minutes, not with every market at once.
Compare markets
Test it, then plan it
Narrow it to your markets and dates in the Workbench. A tested result leads to Plan a trade, which measures what trading it would have paid after costs.
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By market

Results vary by market. Compare a market before drawing a conclusion.

Most matches:BTCUSDT ETHUSDT SOLUSDT TRUMPUSDT PAXGUSDT NEARUSDT

All 44 markets

How results varied by market

Range across 29 markets with at least 30 measured: reached +5% within 24 hours in 0 of 52 on BNBUSDT (0%) to 29 of 61 on PENGUUSDT (48%).

Every market pooled, without context

What happened in the next 24 hours?

Both moves were less common than on minutes without it.

Other minutes are the same markets and dates without this condition. Each percentage is the share of measured minutes that reached that move from the starting price.

Price touched +5% or higher

When this held: 16.6% · 1,073 of 6,478 minutes
Other minutes: 24.5% · 5,052,243 of 20,650,730 minutes

Price touched −10% or lower

When this held: 6.2% · 404 of 6,478 minutes
Other minutes: 8.7% · 1,786,409 of 20,650,730 minutes

Price can touch both levels within the same 24 hours.

Every matching minute counts, so one long run adds many near-identical minutes. Busy markets weigh most.

Every condition is measured over the same 24 hours, whatever the length of its own reading. Other windows and move sizes shows shorter and longer windows.

This counts how often price touched a level, not what trading it would have paid.

Sample and counting

Rates use the 6,478 of 6,593 matches, pooled across 523 markets, with a full 24 hours after them. The 115 newer ones are left out, not counted as zero.

When it happened

About 213 a day, on 30 of 31 days: spread through the record rather than one event.

Other windows and move sizes

Matches that reached each move within each window. Counts first; the measured row is what each rate is over.
Move	1 hour	4 hours	24 hours	72 hours	7 days
Measured	6,588	6,588	6,478	6,078	5,228
Too recent	5	5	115	515	1,365
+0.1% or more	5,596 (84.9%)	6,063 (92.0%)	6,272 (96.8%)	5,940 (97.7%)	5,156 (98.6%)
+0.2% or more	4,743 (72.0%)	5,586 (84.8%)	6,081 (93.9%)	5,809 (95.6%)	5,067 (96.9%)
+0.5% or more	2,830 (43.0%)	4,280 (65.0%)	5,479 (84.6%)	5,419 (89.2%)	4,812 (92.0%)
+1% or more	1,288 (19.6%)	2,751 (41.8%)	4,522 (69.8%)	4,828 (79.4%)	4,425 (84.6%)
+2% or more	375 (5.7%)	1,228 (18.6%)	3,044 (47.0%)	3,869 (63.7%)	3,759 (71.9%)
+5% or more	54 (0.8%)	228 (3.5%)	1,073 (16.6%)	1,850 (30.4%)	2,074 (39.7%)
+10% or more	12 (0.2%)	50 (0.8%)	332 (5.1%)	728 (12.0%)	1,002 (19.2%)
+15% or more	4 (0.1%)	21 (0.3%)	161 (2.5%)	369 (6.1%)	581 (11.1%)
+20% or more	1 (<0.1%)	9 (0.1%)	89 (1.4%)	214 (3.5%)	387 (7.4%)
+30% or more	1 (<0.1%)	4 (0.1%)	49 (0.8%)	114 (1.9%)	198 (3.8%)
+50% or more	0 (0.0%)	2 (<0.1%)	21 (0.3%)	54 (0.9%)	88 (1.7%)
+100% or more	0 (0.0%)	0 (0.0%)	1 (<0.1%)	7 (0.1%)	20 (0.4%)
+200% or more	0 (0.0%)	0 (0.0%)	0 (0.0%)	0 (0.0%)	4 (0.1%)
+400% or more	0 (0.0%)	0 (0.0%)	0 (0.0%)	0 (0.0%)	1 (<0.1%)
−0.1% or lower	5,650 (85.8%)	6,152 (93.4%)	6,342 (97.9%)	6,043 (99.4%)	5,223 (99.9%)
−0.2% or lower	4,790 (72.7%)	5,726 (86.9%)	6,218 (96.0%)	6,008 (98.8%)	5,214 (99.7%)
−0.5% or lower	2,996 (45.5%)	4,635 (70.4%)	5,878 (90.7%)	5,903 (97.1%)	5,194 (99.3%)
−1% or lower	1,398 (21.2%)	3,234 (49.1%)	5,306 (81.9%)	5,703 (93.8%)	5,161 (98.7%)
−2% or lower	381 (5.8%)	1,531 (23.2%)	4,151 (64.1%)	5,186 (85.3%)	5,049 (96.6%)
−5% or lower	40 (0.6%)	239 (3.6%)	1,829 (28.2%)	3,833 (63.1%)	4,439 (84.9%)
−10% or lower	9 (0.1%)	32 (0.5%)	404 (6.2%)	1,678 (27.6%)	2,766 (52.9%)
−15% or lower	3 (<0.1%)	13 (0.2%)	90 (1.4%)	492 (8.1%)	1,210 (23.1%)
−20% or lower	2 (<0.1%)	9 (0.1%)	43 (0.7%)	175 (2.9%)	443 (8.5%)
−30% or lower	0 (0.0%)	3 (<0.1%)	16 (0.2%)	56 (0.9%)	106 (2.0%)
−50% or lower	0 (0.0%)	0 (0.0%)	1 (<0.1%)	6 (0.1%)	23 (0.4%)

Each window counts only matches old enough for it, so a longer window can show fewer.

Distributions and daily counts

Upside reached · 24hThe most price moved up within 24 hours of each match: a high-water mark, never a close. 6,478 with a complete 24 hours.

Drawdown · 24hThe worst price moved against within 24 hours of each match: the deepest point, never the close. 6,478 with a complete 24 hours.

Price 30 minutes laterForward 30-minute returns across 6,573 matches: close to an even split, which is what a coin flip looks like. 20 too recent.

How to read a distribution

Matches per UTC day

5 Oct268 matches
6 Oct249 matches
7 Oct253 matches
8 Oct204 matches
9 Oct235 matches
10 Oct260 matches
11 Oct265 matches
12 Oct219 matches
13 Oct208 matches
14 Oct240 matches
15 Oct199 matches
16 Oct219 matches
17 Oct216 matches
18 Oct223 matches
19 Oct198 matches
20 Oct213 matches
21 Oct245 matches
22 Oct208 matches
23 Oct203 matches
24 Oct228 matches
25 Oct221 matches
26 Oct186 matches
27 Oct198 matches
28 Oct209 matches
29 Oct201 matches
30 Oct221 matches
31 Oct235 matches
1 Nov213 matches
2 Nov182 matches
3 Nov174 matches
4 Nov0 matches

How this is counted

Each rate counts only matches with the full window after them.
A minute where a reading was missing is left out and reported, not read as zero.
The condition picks the setup, never the outcome: a definition that filters on what followed is rejected (OUTCOME_IN_PREDICATE). Every match is measured, winners and losers alike.
"Other minutes" is every other eligible minute in the same markets and window. It is a reference, not a control group.
"Reached +5%" uses the highest price inside the window (maximum favourable excursion, MFE); "fell to −10%" uses the lowest (maximum adverse excursion, MAE). Neither is the close.
Checked 22,390,781 eligible market-minutes (eligible_symbol_buckets) on 523 markets, 2026-10-05 00:00 to 2026-11-04 00:00 UTC.
These counts pool every market, so markets that match often weigh more. Each market page compares that market with its own reference.
Live status is not connected yet, so this page is recorded history only.

What are MFE and MAE?

Reproducibility key (q#88ac3391)

The key that re-runs this exact count. Same key, same bytes; when the record grows, the dataset revision changes.

grammar: research_query.v2
normalization: archive_normalization.v1
feature library: feature_defs.v1
dataset revision: 4ecec776bd646a54b60c319e42cd8b24fbf23d6337ced3e6cfca64b9c4165324
query hash: 88ac3391b09d222139dd6623006e3250c47188ef7bb2d327fca4a609bc795004
scanned window: 2026-10-05T00:00:00.000Z to 2026-11-04T00:00:00.000Z (UTC)

Re-run over the API

The exact search definition behind this count. Send it to the key-authed research API (or the MCP research tool) and compare the bytes; a cached rerun is free.

{
  "schema_version": "research_query.v2",
  "normalization_version": "archive_normalization.v1",
  "feature_version": "feature_defs.v1",
  "target": "record_occurrences",
  "where": {
    "all": [
      [
        "feature.large_trade_share_15m",
        "gte",
        0.33
      ],
      [
        "times.anchor_time",
        "between",
        [
          "2026-10-05T00:00:00.000Z",
          "2026-11-04T00:00:00.000Z"
        ]
      ]
    ]
  },
  "sort": [
    "times.anchor_time",
    "desc"
  ],
  "page": {
    "limit": 50,
    "cursor": null
  }
}

curl -s https://app.edgedepth.com/api/v1/research/query \
  -H 'authorization: Bearer $EDGEDEPTH_API_KEY' \
  -H 'content-type: application/json' \
  -d '{"schema_version":"research_query.v2","normalization_version":"archive_normalization.v1","feature_version":"feature_defs.v1","target":"record_occurrences","where":{"all":[["feature.large_trade_share_15m","gte",0.33],["times.anchor_time","between",["2026-10-05T00:00:00.000Z","2026-11-04T00:00:00.000Z"]]]},"sort":["times.anchor_time","desc"],"page":{"limit":50,"cursor":null}}'