Seismograph by Cryptograph Club

Position liquidation · Closed

$2.9M GMX v2 liquidation on Arbitrum, 4 Jun 2026

Magnitude M 3.5 on-chain, scale v1
Position size $2.9M USD at the block

One long position on GMX v2 (Arbitrum) was liquidated at 00:30 UTC on 4 Jun 2026. Its size was $2.9M.

Facts

Time
4 Jun 2026, 00:30 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

The transaction, on the chain's block explorer
TransactionVenueValue
0x033b501a…667c11 GMX v2 (Arbitrum) $2.9M

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