Seismograph by Cryptograph Club

Position liquidation · Closed

$1.5M Morpho Blue liquidation on Base, 2 Jun 2026

Magnitude M 3.2 on-chain, scale v1
Collateral seized $1.5M USD at the block

One position on Morpho Blue (Base) was liquidated at 02:06 UTC on 2 Jun 2026. Collateral worth $1.5M was seized (cbBTC).

Facts

Time
2 Jun 2026, 02:06 UTC
Venue
Morpho Blue on Base
Liquidated
cbBTC
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
0xd5129631…83d448 Morpho Blue (Base) $1.5M

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