Bitcoin open interest
The total value of outstanding leveraged futures positions — how much “fuel” is riding on price moves.
Open interest is the number of futures/perp contracts currently open. Rising open interest means more money is riding on leveraged bets, which can amplify and accelerate price swings in either direction (more positions to liquidate). It says nothing about direction by itself; the Oracle uses it as a volatility-context signal alongside funding and implied volatility.
Recent readings
BTC perp open interest 7,292 BTC
| Observed | Value | Reading |
|---|---|---|
| Oct 19, 10:41 AM UTC | 7,292BTC | BTC perp open interest 7,292 BTC |
| Oct 19, 05:01 AM UTC | 7,315BTC | BTC perp open interest 7,315 BTC |
| Oct 19, 12:09 AM UTC | 7,721BTC | BTC perp open interest 7,721 BTC |
| Oct 18, 09:55 PM UTC | 7,908BTC | BTC perp open interest 7,908 BTC |
| Oct 18, 07:31 PM UTC | 7,502BTC | BTC perp open interest 7,502 BTC |
| Oct 18, 05:17 PM UTC | 7,505BTC | BTC perp open interest 7,505 BTC |
| Oct 18, 01:57 PM UTC | 7,532BTC | BTC perp open interest 7,532 BTC |
| Oct 18, 09:56 AM UTC | 7,453BTC | BTC perp open interest 7,453 BTC |
| Oct 18, 05:47 AM UTC | 7,564BTC | BTC perp open interest 7,564 BTC |
| Oct 18, 12:56 AM UTC | 7,573BTC | BTC perp open interest 7,573 BTC |
| Oct 17, 11:03 PM UTC | 7,597BTC | BTC perp open interest 7,597 BTC |
| Oct 17, 08:49 PM UTC | 7,577BTC | BTC perp open interest 7,577 BTC |
| Oct 17, 06:25 PM UTC | 7,591BTC | BTC perp open interest 7,591 BTC |
| Oct 17, 03:50 PM UTC | 7,591BTC | BTC perp open interest 7,591 BTC |
How the Oracle uses it
This is one signal among several, never a directional call on its own. The forecast starts as plain math (a GJR-GARCH volatility model); the signal is read each hour as context, and Claude may make small, hard-capped adjustments to the range and confidence — it can't swing the guess wildly. Every forecast is then scored openly against a random-walk benchmark, so you can judge the result rather than trust it. See the accuracy record and the full methodology.
The other signals
- · Crypto Fear & Greed Index — A 0–100 gauge of crypto market sentiment, where low = fear and high = greed.
- · Bitcoin perpetual funding rate — The periodic fee leveraged perp traders pay; positive means longs pay shorts (crowded long).
- · Bitcoin implied volatility (Deribit DVOL) — The options market's forward-looking estimate of how much Bitcoin will move (annualised %).
- · Bitcoin news tone (GDELT) — Whether global news coverage of Bitcoin is, on balance, positive or negative right now.