Below are the real data of the Nasdaq and the Bitcoin over a 4-day period. William would like you to help him calculate the 3-day average Amihud illiquidity measure in billions.

What conclusion you could obtain after calculating the Amihud measure?

Bitcoin Date 2019/1/10 2019/1/11 2019/1/12 2019/1/13 Adj.Close Price Open High Low Volume 3995 325193 3981.94 4023.73 3965.98 18.160.000 3617.346291 3995.33 4025.53 3570.08 19.260,000 3606.16489 3617.27 3676.73 3572.67 16.880.000 3611.528238 3609.13 3644.34 3564.63 15,190,000 Nasdaq Date 14/01/2019 15/01/2019 16/01/2019 17/01/2019 Adj.Close Price Open High Low 6905.919922 6908.03 6936.22 6887.48 7023.830078 6931.39 7025.85 6928.12 7034.689941 7033.75 7079.63 7028.12 7084.459961 7010.13 7113.95 7003.62 Volume 1,942,210,000 2,038.090.000 2,149,580,000 2.128.840.000