Neither -24 nor -08 are the coolant temperature on my car -- a 95 RMW with the mechanical fan HD cooling package.
With the car stone cold from sitting overnight, ambient air temperature was 19.1°C. My
scan tool (OTC 4000E with Pathfinder 97 software) showed a coolant temperature of 20°C, a transmission temperature of 20°C and the torque converter temperature switch "Off". KOEO, I put the CC into the diagnostic mode. By the time I selected -24, it was displaying a value of perhaps 40 or 50, but climbing! It eventually climbed to 175 and stopped -- without ever starting the engine. Similarly, -08 started low and climbed to 91.
Leaving the key on, I unplugged the coolant sensor at the waterpump. The
scan tool value immediately dropped to -40°C. -08 and -24 remained at 91 and 175, respectively. Plugging the coolant temp sensor back in restored the
scan tool value to 20°C, leaving the others unchanged.
I unplugged it again and went through all the possible settings, from -00 to -38. Nothing changed significantly.
Turning the key off for a few moments allows both to drop, but both then start climbing again as soon as the key is turned back on. Exact values are difficult to determine since it takes time to put the CC back into diagnostic mode each time the key is cycled.
Given the way these act, I suspect the value is related to something that takes time to charge or heat up -- perhaps an airbag sensor or heated O2 sensor (although, I don't think the O2 heater current is monitored, so I don't see how it could be that. Maybe a simple timer?)
It might be useful if a few people checked a variety of years/models/option packages with a cold engine to see if my results are typical.