Seismograph by Cryptograph Club

Position liquidation · Closed

$1.5M GMX v2 liquidation on Arbitrum, 31 Jan 2026

Magnitude M 3.2 on-chain, scale v1
Position size $1.5M USD at the block

One long position on GMX v2 (Arbitrum) was liquidated at 14:26 UTC on 31 Jan 2026. Its size was $1.5M.

Facts

Time
31 Jan 2026, 14:26 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
0xcdabead0…768338 GMX v2 (Arbitrum) $1.5M

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