Seismograph by Cryptograph Club

Liquidation wave · Closed

$18.4M on-chain liquidation wave, 14 Nov 2026

Magnitude M 4.3 on-chain, scale v1
Liquidated $18.4M USD at the block
Busiest hour $12.3M to 14 Nov 2026, 03:20 UTC

Liquidations on Morpho Blue, Sky, GMX v2, Aave v3, Compound v3, Aave v4 and Spark (Base, Ethereum and Arbitrum) totalled $18.4M between 02:20 and 04:15 UTC on 14 Nov 2026. The busiest hour saw $12.3M. 773 positions were liquidated.

Timeline

$0$5.0M$10.0M14 Nov 01:20–01:25 UTC: $33K01:2014 Nov 01:25–01:30 UTC: $014 Nov 01:30–01:35 UTC: $7514 Nov 01:35–01:40 UTC: $014 Nov 01:40–01:45 UTC: $114 Nov 01:45–01:50 UTC: $014 Nov 01:50–01:55 UTC: $8K01:5014 Nov 01:55–02:00 UTC: $014 Nov 02:00–02:05 UTC: $23K14 Nov 02:05–02:10 UTC: $22K14 Nov 02:10–02:15 UTC: $9714 Nov 02:15–02:20 UTC: $4K14 Nov 02:20–02:25 UTC: $1.4M02:2014 Nov 02:25–02:30 UTC: $8.1M14 Nov 02:30–02:35 UTC: $2.7M14 Nov 02:35–02:40 UTC: $014 Nov 02:40–02:45 UTC: $014 Nov 02:45–02:50 UTC: $014 Nov 02:50–02:55 UTC: $202:5014 Nov 02:55–03:00 UTC: $014 Nov 03:00–03:05 UTC: $014 Nov 03:05–03:10 UTC: $014 Nov 03:10–03:15 UTC: $014 Nov 03:15–03:20 UTC: $10K14 Nov 03:20–03:25 UTC: $003:2014 Nov 03:25–03:30 UTC: $014 Nov 03:30–03:35 UTC: $3.0M14 Nov 03:35–03:40 UTC: $4114 Nov 03:40–03:45 UTC: $114 Nov 03:45–03:50 UTC: $014 Nov 03:50–03:55 UTC: $3K03:5014 Nov 03:55–04:00 UTC: $6K14 Nov 04:00–04:05 UTC: $1.1M14 Nov 04:05–04:10 UTC: $014 Nov 04:10–04:15 UTC: $2.0M14 Nov 04:15–04:20 UTC: $1K14 Nov 04:20–04:25 UTC: $004:2014 Nov 04:25–04:30 UTC: $014 Nov 04:30–04:35 UTC: $37K14 Nov 04:35–04:40 UTC: $014 Nov 04:40–04:45 UTC: $014 Nov 04:45–04:50 UTC: $014 Nov 04:50–04:55 UTC: $004:5014 Nov 04:55–05:00 UTC: $014 Nov 05:00–05:05 UTC: $014 Nov 05:05–05:10 UTC: $014 Nov 05:10–05:15 UTC: $0

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

Facts

Started
14 Nov 2026, 02:20 UTC
Peak
5 minutes from 14 Nov 2026, 02:25 UTC
Ended
14 Nov 2026, 04:15 UTC
Duration
1 h 55 min
Positions liquidated
773 (773 liquidation events)
Normal level
Median hourly total $8K, 95th percentile $626K, over the 30 days before the day it started
Coverage
On-chain DeFi venues only; verified automatically from the blockchain
By venue
ValuedShare
Morpho Blue$15.3M83%
Sky$1.1M6%
GMX v2$1.1M6%
Aave v3$888K5%
Compound v3$22K<1%
Aave v4$11K<1%
Spark$6K<1%
By chain
ValuedShare
Base$15.3M83%
Ethereum$2.0M11%
Arbitrum$1.1M6%
By asset
ValuedShare
Bitcoin$14.9M81%
Ethereum$2.1M11%
Other$1.4M8%
Stablecoins$0<1%

Sources

The largest transactions in the wave, on the chain's block explorer
TransactionVenueValue
0xebc1ce84…71e0ad Morpho Blue (Base) $4.9M
0x1fce9796…bc2378 Morpho Blue (Base) $2.2M
0xd6dec7ba…bbb086 Morpho Blue (Base) $1.5M
0x43c745ff…951e00 Morpho Blue (Base) $1.1M
0xf3a9cb74…870c6f Sky (Ethereum) $1.1M
0xe024c2b5…b1cb75 Morpho Blue (Base) $1.1M
0x38a92ecf…18f287 Morpho Blue (Base) $838K
0x127b71a2…b70ffb Morpho Blue (Base) $747K
0x2ebbe06b…7c34cf Morpho Blue (Base) $565K
0xcbb032ca…b419d5 Morpho Blue (Base) $521K

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