Seismograph by Cryptograph Club

Position liquidation · Closed

$7.7M GMX v2 liquidation on Arbitrum, 28 Jul 2026

Magnitude M 3.9 on-chain, scale v1
Position size $7.7M USD at the block

One short position on GMX v2 (Arbitrum) was liquidated at 15:21 UTC on 28 Jul 2026. Its size was $7.7M.

Facts

Time
28 Jul 2026, 15:21 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
0x41c3cb90…3d9199 GMX v2 (Arbitrum) $7.7M

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