{
 "what": "The frozen second: every trade and quote update we received from five bitcoin venues between 07:24:04.000 and 07:24:04.999 UTC on 16 September 2026.",
 "time": "ms is milliseconds after 07:24:04.000 UTC, as received by us, not as stamped by the venue",
 "venues": {
  "binance": {
   "pair": "BTC/USDT",
   "unit": "USDT"
  },
  "bybit": {
   "pair": "BTC/USDT",
   "unit": "USDT"
  },
  "coinbase": {
   "pair": "BTC/USD",
   "unit": "USD"
  },
  "gate": {
   "pair": "BTC/USDT",
   "unit": "USDT"
  },
  "okx": {
   "pair": "BTC/USDT",
   "unit": "USDT"
  }
 },
 "withheld": {
  "kraken": "Kraken was connected, but our collector mis-recorded its order book in this window, so every Kraken quote is unusable. See page 6."
 },
 "opening": {
  "okx": {
   "bid": 75810.9,
   "ask": 75811.0,
   "age_ms": 181
  },
  "coinbase": {
   "bid": 75741.86,
   "ask": 75741.87,
   "age_ms": 260
  },
  "bybit": {
   "bid": 75809.8,
   "ask": 75809.9,
   "age_ms": 467
  },
  "gate": {
   "bid": 75806.1,
   "ask": 75806.2,
   "age_ms": 238
  },
  "binance": {
   "bid": 75807.19,
   "ask": 75807.2,
   "age_ms": 19
  }
 },
 "closing": {
  "okx": {
   "bid": 75836.9,
   "ask": 75837.0
  },
  "coinbase": {
   "bid": 75766.66,
   "ask": 75776.03
  },
  "bybit": {
   "bid": 75841.4,
   "ask": 75841.5
  },
  "gate": {
   "bid": 75836.9,
   "ask": 75840.5
  },
  "binance": {
   "bid": 75844.0,
   "ask": 75844.01
  }
 },
 "counts": {
  "events": 763,
  "quotes": 22,
  "trades": 741,
  "notional_usd": 3203955.83
 },
 "events": [
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.245796
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.136281
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.0961
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.005774
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.002405
  },
  {
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   "qty": 0.002405
  },
  {
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   "t": "trade",
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   "px": 75809.9,
   "qty": 0.003202
  },
  {
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   "px": 75809.9,
   "qty": 0.005174
  },
  {
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   "px": 75809.9,
   "qty": 0.015368
  },
  {
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   "qty": 0.007684
  },
  {
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   "px": 75809.9,
   "qty": 0.003202
  },
  {
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   "px": 75809.9,
   "qty": 0.003202
  },
  {
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   "qty": 0.001
  },
  {
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   "qty": 0.012166
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  {
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   "qty": 0.002405
  },
  {
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  },
  {
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   "qty": 0.026109
  },
  {
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   "px": 75809.9,
   "qty": 0.026
  },
  {
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   "qty": 0.026
  },
  {
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   "qty": 0.019
  },
  {
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   "qty": 0.019
  },
  {
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   "qty": 0.019
  },
  {
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  {
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  {
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  {
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   "qty": 0.013
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  {
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  {
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   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.026
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
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  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.013
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.06
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
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   "qty": 0.026
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.005774
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.00048
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  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.001159
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.015369
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.002638
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.015368
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75809.9,
   "qty": 0.015368
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75810.0,
   "qty": 0.000313
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75810.4,
   "qty": 7.3e-05
  },
  {
   "ms": 36,
   "t": "trade",
   "venue": "bybit",
   "px": 75811.2,
   "qty": 0.001932
  },
  {
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   "t": "trade",
   "venue": "bybit",
   "px": 75812.4,
   "qty": 0.002319
  },
  {
   "ms": 37,
   "t": "trade",
   "venue": "bybit",
   "px": 75813.6,
   "qty": 0.002319
  },
  {
   "ms": 37,
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   "venue": "bybit",
   "px": 75813.7,
   "qty": 0.001358
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  {
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   "qty": 0.026394
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  {
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   "qty": 0.04879
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  {
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   "venue": "bybit",
   "px": 75814.0,
   "qty": 0.03
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  {
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   "px": 75815.1,
   "qty": 0.02927
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  {
   "ms": 37,
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   "px": 75817.5,
   "qty": 0.005774
  },
  {
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  {
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  {
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  {
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  {
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  {
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  },
  {
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  {
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}