Position liquidation · Closed
$2.2M GMX v2 liquidation on Arbitrum, 1 Feb 2026
Magnitude
M 3.3
on-chain, scale v1
Position size
$2.2M
USD at the block
One long position on GMX v2 (Arbitrum) was liquidated at 23:05 UTC on 1 Feb 2026. Its size was $2.2M.
Facts
- Time
- 1 Feb 2026, 23:05 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 |
|---|---|---|
| 0xdd18c899…01b559 | GMX v2 (Arbitrum) | $2.2M |
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