CryptoQuant founder: Apparent demand for Bitcoin is recovering
Ki Young Ju, founder and CEO of CryptoQuant, posted on X platform that Bitcoin's apparent demand is recovering. Apparent demand is an on-chain indicator used to compare changes in production and inventory. Specifically, Bitcoin's apparent demand measures the difference between the BTC mining issuance and the supply of tokens that have been idle for over a year. Ju emphasizes that if the decrease in inventory exceeds production, it indicates that apparent demand is increasing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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