@misc{lim2026_ssrn_6980158,
  author = {Lim, Boon Chuan},
  title = {Hidden-Liquidity Absorption Increases with Market Stress in Bitcoin Perpetual Futures},
  year = {2026},
  doi = {10.2139/ssrn.6980158},
  url = {https://doi.org/10.2139/ssrn.6980158},
  note = {Working paper / preprint}
}