Seismograph by Cryptograph Club

Position liquidation · Closed

$3.2M GMX v2 liquidation on Arbitrum, 12 Aug 2026

Magnitude M 3.5 on-chain, scale v1
Position size $3.2M USD at the block

One long position on GMX v2 (Arbitrum) was liquidated at 21:28 UTC on 12 Aug 2026. Its size was $3.2M.

Facts

Time
12 Aug 2026, 21:28 UTC
Venue
GMX v2 on Arbitrum
Liquidated
Long, 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
0x3bc833b9…dafe9f GMX v2 (Arbitrum) $3.2M

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