Seismograph by Cryptograph Club

Position liquidation · Closed

$5.1M GMX v2 liquidation on Arbitrum, 7 Nov 2025

Magnitude M 3.7 on-chain, scale v1
Position size $5.1M USD at the block

One short position on GMX v2 (Arbitrum) was liquidated at 17:24 UTC on 7 Nov 2025. Its size was $5.1M.

Facts

Time
7 Nov 2025, 17:24 UTC
Venue
GMX v2 on Arbitrum
Liquidated
Short, 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
0x297f0139…1201a3 GMX v2 (Arbitrum) $5.1M

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