According to PANews, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that Bitcoin's apparent demand is recovering. Apparent demand is an on-chain indicator used to compare production and inventory changes.

Specifically, Bitcoin’s apparent demand measures the difference between BTC mining issuance and the supply of tokens that have been idle for more than a year. Ju stressed that if inventory reduction exceeds production, it indicates that apparent demand is growing.