Seismograph by Cryptograph Club

Position liquidation · Closed

$2.0M GMX v2 liquidation on Arbitrum, 17 Oct 2025

Magnitude M 3.3 on-chain, scale v1
Position size $2.0M USD at the block

One long position on GMX v2 (Arbitrum) was liquidated at 10:23 UTC on 17 Oct 2025. Its size was $2.0M.

Facts

Time
17 Oct 2025, 10:23 UTC
Venue
GMX v2 on Arbitrum
Liquidated
Long, Bitcoin
Liquidation events
1 in one transaction
Coverage
On-chain DeFi venues only; verified automatically from the blockchain

Sources

The transaction, on the chain's block explorer
TransactionVenueValue
0xcd31c10a…38b02f GMX v2 (Arbitrum) $2.0M

Values are in USD at the block of each liquidation, from on-chain prices. On-chain liquidation magnitudes measure DeFi venues only and are not yet comparable with hack or depeg magnitudes. Methodology · The magnitude scale