Seismograph by Cryptograph Club

Position liquidation · Closed

$1.8M GMX v2 liquidation on Arbitrum, 21 Nov 2025

Magnitude M 3.2 on-chain, scale v1
Position size $1.8M USD at the block

One long position on GMX v2 (Arbitrum) was liquidated at 09:21 UTC on 21 Nov 2025. Its size was $1.8M.

Facts

Time
21 Nov 2025, 09:21 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
0x2a946c31…fc9f41 GMX v2 (Arbitrum) $1.8M

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