Liquidations occur when a trader does not have a sufficient margin balance to keep a position open. The forceful closure is necessary to avoid further losses.could be linked to the cryptocurrency’s price. A look at the price action revealed that it dropped to $3,368 at some point on 14 June. Later on, the value rose to $3,512, before settling above $3,500 at press time.
However, if the metric stabilizes itself, selling pressure reduces across the market. For Ethereum, Realized Profit seems to have settled around the aforementioned value. Therefore, it might be likely for the altcoins to trade between $3, 400 and $3,600 over the next few days.Exchange inflows and outflows to assess ETH’s next movement. Exchange inflows track the number of coins sent into exchanges.