Position liquidation · Closed
$5.6M GMX v2 liquidation on Arbitrum, 1 Feb 2026
Magnitude
M 3.7
on-chain, scale v1
Position size
$5.6M
USD at the block
One long position on GMX v2 (Arbitrum) was liquidated at 22:24 UTC on 1 Feb 2026. Its size was $5.6M.
Facts
- Time
- 1 Feb 2026, 22:24 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
| Transaction | Venue | Value |
|---|---|---|
| 0x72a06051…8c42eb | GMX v2 (Arbitrum) | $5.6M |
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