Seismograph by Cryptograph Club

Position liquidation · Closed

$18.6M GMX v2 liquidation on Arbitrum, 25 Mar 2026

Magnitude M 4.3 on-chain, scale v1
Position size $18.6M USD at the block

One short position on GMX v2 (Arbitrum) was liquidated at 05:07 UTC on 25 Mar 2026. Its size was $18.6M.

Facts

Time
25 Mar 2026, 05:07 UTC
Venue
GMX v2 on Arbitrum
Liquidated
Short, Bitcoin
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
0xfa1e565e…d16058 GMX v2 (Arbitrum) $18.6M

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