CryptoQuant Founder: The apparent demand for Bitcoin is recovering
CryptoQuant founder and CEO Ki Young Ju posted on platform X, stating that the apparent demand for Bitcoin is recovering. Apparent demand is an on-chain indicator used to compare output and inventory changes. Specifically, Bitcoin's apparent demand measures the difference between BTC mining issuance and the supply of tokens idle for over a year. Ju emphasized that if the decrease in inventory exceeds production, it indicates that apparent demand is growing.
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