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	param	t-stat
$ω$	2.8817	3.81
$α$	0.2841	8.49
$β$	0.6858	25.04
$γ_{1}$	-1.2901	-3.05
$γ_{2}$	3.7743	6.01
$γ_{3}$	-5.1185	-13.85
$γ_{4}$	5.4938	10.86

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BTC Digital Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:704,841.70 (-124,703.30)

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