The bitcoin price stagnated1.4% within an hour, hitting the level of83,957 dollars.

Bitcoin (((BTC) hit 83,957 The dollar dropped 1.39% in one hour

What's this about?

The price of Bitcoin (BTC) BTC at 21:17 on the 25th was at 83,957 dollars, down 1.39% compared to an hour earlier, according to TokenPost data calculated from dual spot pricesBTC/USDT published directly on Binance . The one-hour previous price was 85,145 dollars. However, when compared with 24 hours prior, the price still increased.0.45%

During the same period, the settlement value of bitcoins collected from Binance , Bybit and OKX stood at 7.11 million dollars for long positions (approximately 9.7 billion won) and 130,000 dollars for short positions (about 178 million won).

Why is that important?

This number separates two things: the spot price, which is used to see market value, and the settlement amount that occurs in the futures or perpetual futures markets. Settlements occur when a position has insufficient collateral against price movements, forcing the system to close out of it.

The fact that the spot price decreased1.39% in one hour but was still positive0.45% compared to 24 hours does not indicate that all settlement came from the spot, as futures prices and underwriting conditions on each platform were also affected.

How does it affect the reader?

A general reader who keeps track of pricesBTC may notice the difference between prices on foreign platforms and those on Thai platforms, such as Bitkub , because Thai prices are often in pairs83,957/ THB , which is also derived from the baht value. Therefore, price comparisons should look at currencies and times simultaneously.

In Thailand, users should be aware that spot trading on platforms licensed under the the SEC (Thailand) regulation differs from futures trading on foreign platforms which may not fall within the same scope. The settlement in this data is therefore a snapshot of the derivative market on the identified platform rather than direct Spot bid-offer prices.

For those who use this number as a reference, it should be noted that the figures of 7.11 million dollars and 130,000 dollars are cumulative payments from Binance , Bybit and OKX during the same period, not single-platform numbers and is not an indication that prices will go up or down further.