Seismograph by Cryptograph Club

Position liquidation · Closed

$3.4M Morpho Blue liquidation on Base, 3 Jun 2026

Magnitude M 3.5 on-chain, scale v1
Collateral seized $3.4M USD at the block

One position on Morpho Blue (Base) was liquidated at 03:28 UTC on 3 Jun 2026. Collateral worth $3.4M was seized (cbBTC).

Facts

Time
3 Jun 2026, 03:28 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
0x2f9c1c43…5b50fe Morpho Blue (Base) $3.4M

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