Seismograph by Cryptograph Club

Position liquidation · Closed

$1.6M GMX v2 liquidation on Arbitrum, 20 Oct 2025

Magnitude M 3.2 on-chain, scale v1
Position size $1.6M USD at the block

One long position on GMX v2 (Arbitrum) was liquidated at 17:23 UTC on 20 Oct 2025. Its size was $1.6M.

Facts

Time
20 Oct 2025, 17:23 UTC
Venue
GMX v2 on Arbitrum
Liquidated
Long, Ethereum
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
0x86de95bb…06161c GMX v2 (Arbitrum) $1.6M

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