Bitcoin Demand Metric: Confirmed Positive or Still Pending?

CryptoBriefing and Coinfomania disagree on whether CryptoQuant's apparent demand metric has already turned positive or is merely nearing that shift.

CryptoBriefing and Coinfomania disagree on whether CryptoQuant's apparent demand metric has already turned positive or is merely nearing that shift.

What all sources agree on

• The metric in question is CryptoQuant's 'apparent demand' measure for Bitcoin.
• Both reports describe this as the first time the metric would turn positive since February.
• Both reports link the development to CryptoQuant.

Where the reports disagree

1Whether the positive reading is already confirmed or still pending

CryptoQuant confirmed the positive reading on August 18, marking the first time the metric broke above zero since February 2026 (apparent demand climbed to roughly +25,000 BTC).

CryptoBriefing 2026-08-18 15:14

Bitcoin’s spot demand is reportedly on the verge of turning positive for the first time since February, according to a tweet from CryptoQuant.

Coinfomania 2026-08-19 01:49

What would settle it: CryptoQuant's own published dataset or dashboard reading for the apparent demand metric on the dates in question.

2Whether specific figures (+25,000 BTC current, -147,000 BTC low) have been established

has climbed to roughly +25,000 BTC. That’s the first positive reading in six months. … bottoming out at approximately -147,000 BTC in May

CryptoBriefing 2026-08-18 15:14

This lack of trading activity may reflect caution among investors as they await confirmation of the demand shift.

Coinfomania 2026-08-19 01:49

What would settle it: CryptoQuant's on-chain apparent demand data release or API figures for the relevant period.

What to make of it

Treat the identity of the metric and its link to CryptoQuant as established, but do not treat the specific figures or the claim that the shift has already occurred as settled until CryptoQuant's own data is checked.

Treat the identity of the metric and its link to CryptoQuant as established, but do not treat the specific figures or the claim that the shift has already occurred as settled until CryptoQuant's own data is checked.

Originally reported by AltcoinGordon, written by Noah Sullivan. Republished with permission.

View the original on AltcoinGordon →

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