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AAVE $91.29 -0.50%
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XLM $0.1555 -1.57%
ZEC $369.64 +14.28%

CryptoQuant Founder: The Apparent Demand for Bitcoin is Recovering

2024-10-15 14:45:01
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ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that the apparent demand for Bitcoin is recovering. Apparent demand is an on-chain metric used to compare changes in issuance and inventory. Specifically, the apparent demand for Bitcoin measures the difference between the BTC mining issuance and the supply of tokens that have been idle for over a year. Ju emphasized that if the reduction in inventory exceeds the issuance, it indicates that apparent demand is increasing.

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