TREE NEWS reports: Bitcoin’s total demand has returned to positive territory at more than 14,000 BTC, CryptoQuant analyst Darkfost said on October 8, citing improved spot demand. Spot demand now stands at -17,000 BTC, still negative but far above the -207,000 BTC low seen on September 20. Futures demand has held relatively steady at an average of 32,000 BTC. Darkfost called demand emerging alongside falling prices a positive signal.
CryptoQuant Analyst: BTC Total Demand Turns Positive at Over 14,000 BTC
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AI take
The signal here is the divergence, not the headline number: spot demand remains negative, so the swing reflects a sharp retreat from September's deeply negative reading rather than genuine accumulation. Futures demand holding steady suggests leverage, not fresh spot conviction, is carrying positioning. Whether spot demand can cross into positive territory — and stay there — is the open question; until then, the recovery reads as a narrowing of selling pressure rather than a demand-led turn.
Generated by AI for reference only.
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