Seismograph by Cryptograph Club

Position liquidation · Closed

$2.6M GMX v2 liquidation on Arbitrum, 6 Jan 2026

Magnitude M 3.4 on-chain, scale v1
Position size $2.6M USD at the block

One long position on GMX v2 (Arbitrum) was liquidated at 17:56 UTC on 6 Jan 2026. Its size was $2.6M.

Facts

Time
6 Jan 2026, 17:56 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
0x74f55a19…06165c GMX v2 (Arbitrum) $2.6M

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