According to ChainCatcher, 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 emphasized that if the inventory reduction exceeds the production, it means that the apparent demand is growing.