Seismograph by Cryptograph Club

Position liquidation · Closed

$13.5M GMX v2 liquidation on Arbitrum, 20 Mar 2026

Magnitude M 4.1 on-chain, scale v1
Position size $13.5M USD at the block

One short position on GMX v2 (Arbitrum) was liquidated at 22:04 UTC on 20 Mar 2026. Its size was $13.5M.

Facts

Time
20 Mar 2026, 22:04 UTC
Venue
GMX v2 on Arbitrum
Liquidated
Short, 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
0x04d147f5…cfcc70 GMX v2 (Arbitrum) $13.5M

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