Seismograph by Cryptograph Club

Liquidation wave · Closed

$34.4M on-chain liquidation wave, 5 Jun 2026

Magnitude M 4.5 on-chain, scale v1
Liquidated $34.4M USD at the block
Busiest hour $34.3M to 5 Jun 2026, 06:35 UTC

Liquidations on Aave v3, Morpho Blue, GMX v2, Compound v3, Spark and Aave v4 (Ethereum, Base and Arbitrum) totalled $34.4M between 05:35 and 07:05 UTC on 5 Jun 2026. The busiest hour saw $34.3M. 1,754 positions were liquidated. 3 liquidations could not be valued and are not included.

Timeline

$0$5.0M$10.0M$15.0M$20.0M5 Jun 04:35–04:40 UTC: $14K04:355 Jun 04:40–04:45 UTC: $05 Jun 04:45–04:50 UTC: $14K5 Jun 04:50–04:55 UTC: $18K5 Jun 04:55–05:00 UTC: $31K5 Jun 05:00–05:05 UTC: $005:005 Jun 05:05–05:10 UTC: $05 Jun 05:10–05:15 UTC: $05 Jun 05:15–05:20 UTC: $9925 Jun 05:20–05:25 UTC: $05 Jun 05:25–05:30 UTC: $005:255 Jun 05:30–05:35 UTC: $05 Jun 05:35–05:40 UTC: $491K5 Jun 05:40–05:45 UTC: $2.4M5 Jun 05:45–05:50 UTC: $1.5M5 Jun 05:50–05:55 UTC: $005:505 Jun 05:55–06:00 UTC: $3.1M5 Jun 06:00–06:05 UTC: $4.0M5 Jun 06:05–06:10 UTC: $192K5 Jun 06:10–06:15 UTC: $79K5 Jun 06:15–06:20 UTC: $3.3M06:155 Jun 06:20–06:25 UTC: $16.0M5 Jun 06:25–06:30 UTC: $3.1M5 Jun 06:30–06:35 UTC: $3085 Jun 06:35–06:40 UTC: $195 Jun 06:40–06:45 UTC: $506:405 Jun 06:45–06:50 UTC: $2K5 Jun 06:50–06:55 UTC: $4K5 Jun 06:55–07:00 UTC: $15K5 Jun 07:00–07:05 UTC: $83K5 Jun 07:05–07:10 UTC: $11K07:055 Jun 07:10–07:15 UTC: $7K5 Jun 07:15–07:20 UTC: $85 Jun 07:20–07:25 UTC: $30K5 Jun 07:25–07:30 UTC: $25 Jun 07:30–07:35 UTC: $007:305 Jun 07:35–07:40 UTC: $128K5 Jun 07:40–07:45 UTC: $05 Jun 07:45–07:50 UTC: $05 Jun 07:50–07:55 UTC: $8K5 Jun 07:55–08:00 UTC: $007:555 Jun 08:00–08:05 UTC: $0

All covered venues, with an hour before and after the wave for comparison.

Facts

Started
5 Jun 2026, 05:35 UTC
Peak
5 minutes from 5 Jun 2026, 06:20 UTC
Ended
5 Jun 2026, 07:05 UTC
Duration
1 h 30 min
Positions liquidated
1,754 (1,761 liquidation events)
Normal level
Median hourly total $22K, 95th percentile $825K, over the 30 days before the day it started
Not valued
3 liquidations could not be valued and are not included
Coverage
On-chain DeFi venues only; verified automatically from the blockchain
By venue
ValuedShare
Aave v3$20.4M59%
Morpho Blue$7.8M23%
GMX v2$3.4M10%
Compound v3$2.0M6%
Spark$613K2%
Aave v4$80K<1%
By chain
ValuedShare
Ethereum$21.7M63%
Base$8.2M24%
Arbitrum$4.6M13%
By asset
ValuedShare
Ethereum$24.1M70%
Bitcoin$6.1M18%
Other$4.1M12%
Stablecoins$63K<1%

Sources

The largest transactions in the wave, on the chain's block explorer
TransactionVenueValue
0x95903bc2…af2c4e Aave v3 (Ethereum) $2.8M
0x5b527b77…dddf98 Morpho Blue (Base) $2.3M
0x1a922257…fd0aa7 Aave v3 (Ethereum) $2.1M
0x5cd9242c…919f6a Aave v3 (Ethereum) $2.1M
0x401a5a45…3ea910 Aave v3 (Ethereum) $1.9M
0x4a849955…289566 Aave v3 (Ethereum) $1.6M
0x7d7f021b…9d3ee5 Compound v3 (Ethereum) $989K
0xa3d1e813…d94313 Aave v3 (Ethereum) $885K
0x1b63f32d…6a0d97 Aave v3 (Ethereum) $747K
0xc8ea04f6…49d2c7 Compound v3 (Ethereum) $687K

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