@misc{litecoinwatch_ltc_eur_cost_history,
  author = {{Litecoin.watch}},
  title = {{A 7 bp Litecoin spread hid a 231 bp cost in our €10,000 replay}},
  date = {2026-10-05},
  year = {2026},
  month = {10},
  url = {https://litecoin.watch/articles/ltc-eur-trading-costs-what-our-first-order-book-observations-show},
  version = {Public LTC/EUR books · frozen replay 2026-10-05-v1},
  note = {Report version: Public LTC/EUR books · frozen replay 2026-10-05-v1. Method and data: https://litecoin.watch/uploads/research/liquidity-history-20261005-v1/README.txt}
}