Bitcoin’s apparent demand has risen to 25,000 BTC, its highest level this year, according to on-chain analyst Darkfost. The increase suggests that spot buying is absorbing newly supplied Bitcoin, while multiple indicators have also turned positive. Darkfost said further confirmation is needed to determine whether the demand surge is temporary or sustainable. Apparent demand compares new Bitcoin issuance with changes in coins that have remained unmoved for more than one year, helping assess whether long-term accumulation is absorbing newly released supply.