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  "point_estimate_eth": 20925205.8402593,
  "point_estimate_pct": 17.12757595411501,
  "mc_median_pct": 19.106840132060263,
  "mc_p05_pct": 8.199383365944044,
  "mc_p95_pct": 33.31772599743807,
  "mc_mean_pct": 19.721980251805,
  "rho": 0.5,
  "sensitivity": {
    "rho_0.0": {
      "p05_pct": 15.043674963244115,
      "median_pct": 19.65867335110361,
      "p95_pct": 24.79657345659592
    },
    "rho_1.0": {
      "p05_pct": 5.3704051700088415,
      "median_pct": 17.314571611702398,
      "p95_pct": 38.43956798445017
    }
  },
  "hard_low_pct": 3.973712386365401,
  "hard_high_pct": 40.87131158284936,
  "top_swings": [
    {
      "key": "entity:Coinbase Prime",
      "eth": 7588773,
      "swing_eth": 6829896,
      "swing_pct_of_supply": 5.59
    },
    {
      "key": "bucket:el_unprofiled_ge100",
      "eth": 19087935,
      "swing_eth": 5344622,
      "swing_pct_of_supply": 4.37
    },
    {
      "key": "entity:Binance",
      "eth": 7487153,
      "swing_eth": 5241007,
      "swing_pct_of_supply": 4.29
    },
    {
      "key": "bucket:unknown_modern",
      "eth": 9731491,
      "swing_eth": 3892596,
      "swing_pct_of_supply": 3.19
    },
    {
      "key": "bucket:stake_inst_2025plus",
      "eth": 5515619,
      "swing_eth": 3033591,
      "swing_pct_of_supply": 2.48
    },
    {
      "key": "entity:Coinbase",
      "eth": 2885552,
      "swing_eth": 2596997,
      "swing_pct_of_supply": 2.13
    },
    {
      "key": "linked:entity:Bitfinex",
      "eth": 2833502,
      "swing_eth": 1700101,
      "swing_pct_of_supply": 1.39
    },
    {
      "key": "linked:entity:Coinbase Prime",
      "eth": 1852068,
      "swing_eth": 1666861,
      "swing_pct_of_supply": 1.36
    },
    {
      "key": "type:etf",
      "eth": 1531407,
      "swing_eth": 1378266,
      "swing_pct_of_supply": 1.13
    },
    {
      "key": "entity:Kraken",
      "eth": 2162117,
      "swing_eth": 1297270,
      "swing_pct_of_supply": 1.06
    },
    {
      "key": "entity:BitMine",
      "eth": 1245185,
      "swing_eth": 1058408,
      "swing_pct_of_supply": 0.87
    },
    {
      "key": "entity:Bitfinex",
      "eth": 1703103,
      "swing_eth": 1021862,
      "swing_pct_of_supply": 0.84
    },
    {
      "key": "entity:Upbit",
      "eth": 1636226,
      "swing_eth": 981736,
      "swing_pct_of_supply": 0.8
    },
    {
      "key": "type:exchange",
      "eth": 1324428,
      "swing_eth": 927099,
      "swing_pct_of_supply": 0.76
    },
    {
      "key": "bucket:stake_mid_1k_10k",
      "eth": 2112355,
      "swing_eth": 844942,
      "swing_pct_of_supply": 0.69
    }
  ],
  "scenarios": {
    "Coinbase custody/exchange NOT MPC (0%)": 14.441970657104221,
    "Coinbase custody/exchange fully MPC (100%)": 25.18537595299355,
    "Binance NOT MPC (0%)": 13.046557324844908,
    "Binance fully MPC (100%)": 19.325047523721985,
    "Both Coinbase and Binance NOT MPC": 10.360952027834124,
    "Both Coinbase and Binance fully MPC": 27.382847522600528
  },
  "coinbase_family_eth": 14165851.517483002,
  "binance_eth": 7854036.852369001
}