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	param	t-stat
$ω$	1.6944	10.06
$α$	0.1519	5.40
$β$	0.7202	13.09
$γ_{1}$	-0.0081	-0.42

V-Lab

Circle SPA Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:538,087.10 (-27,223.20)

Date Range:

Parameter Estimates

News Impact Curve

Liquidity Forecasts

Other Circle SPA Analyses