Seismograph by Cryptograph Club

Position liquidation · Closed

$2.1M GMX v2 liquidation on Arbitrum, 28 Oct 2025

Magnitude M 3.3 on-chain, scale v1
Position size $2.1M USD at the block

One long position on GMX v2 (Arbitrum) was liquidated at 20:08 UTC on 28 Oct 2025. Its size was $2.1M.

Facts

Time
28 Oct 2025, 20:08 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
0xd0740414…3c829f GMX v2 (Arbitrum) $2.1M

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