Seismograph by Cryptograph Club

Bitcoin liquidations on-chain

Liquidations whose collateral is a bitcoin token on Ethereum, Arbitrum or Base, and GMX positions on bitcoin markets. These are on-chain DeFi liquidations only: bitcoin futures on centralized exchanges are not included.

On-chain only: centralized exchanges are not covered yet. Tokens counted: WBTC, cbBTC, tBTC, LBTC, eBTC, FBTC, BTCb, pumpBTC, BTC.

Last 24 hours $244K 19 positions
Last 7 days $1.1M 131 positions
Last 30 days $8.2M 467 positions

By day

$0$1.0M$2.0M$3.0M29 Sep 2026: $364K29 Sep30 Sep 2026: $354K1 Oct 2026: $9K2 Oct 2026: $321K3 Oct 2026: $16K3 Oct4 Oct 2026: $198K5 Oct 2026: $298K6 Oct 2026: $379K7 Oct 2026: $330K7 Oct8 Oct 2026: $2.6M9 Oct 2026: $348K10 Oct 2026: $4K11 Oct 2026: $57K11 Oct12 Oct 2026: $152K13 Oct 2026: $370K14 Oct 2026: $94K15 Oct 2026: $853K15 Oct16 Oct 2026: $79K17 Oct 2026: $11K18 Oct 2026: $13K19 Oct 2026: $92K19 Oct20 Oct 2026: $40K21 Oct 2026: $208K22 Oct 2026: $205K23 Oct 2026: $145K23 Oct24 Oct 2026: $348K25 Oct 2026: $115K26 Oct 2026: $11K27 Oct 2026: $198K27 Oct28 Oct 2026: $56K
By venue, last 30 days
ValuedSharePositions
GMX $6.8M 82% 391
Aave $989K 12% 46
Spark $371K 5% 1
Morpho $111K 1% 27
Compound $12K <1% 2
By chain, last 30 days
ValuedSharePositions
Arbitrum $7.1M 86% 409
Ethereum $1.1M 13% 29
Base $43K <1% 29

Largest positions liquidated

One borrower in one transaction, last 30 days
Time (UTC)VenueLiquidatedValueRecord
8 Oct, 18:34 GMX v2 (Arbitrum) Short, Bitcoin $530K Transaction
15 Oct, 13:53 GMX v2 (Arbitrum) Long, Bitcoin $521K Transaction
8 Oct, 15:14 GMX v2 (Arbitrum) Long, Bitcoin $499K Transaction
8 Oct, 17:00 Aave v3 (Ethereum) WBTC $391K Transaction
8 Oct, 16:50 Spark (Ethereum) WBTC $371K Transaction
6 Oct, 17:20 GMX v2 (Arbitrum) Long, Bitcoin $352K Transaction
29 Sep, 00:17 Aave v3 (Arbitrum) WBTC $295K Transaction
13 Oct, 01:35 GMX v2 (Arbitrum) Short, Bitcoin $238K Transaction
8 Oct, 04:20 GMX v2 (Arbitrum) Long, Bitcoin $234K Transaction
30 Sep, 12:35 GMX v2 (Arbitrum) Short, Bitcoin $196K Transaction

Events

Liquidation waves and positions of $1M or more involving Bitcoin
Date (UTC)EventValueMagnitude (on-chain)
8 Oct 2026 $9.1M on-chain liquidation wave, 8 Oct 2026 $9.1M M 4.0
20 Sep 2026 $5.9M GMX v2 liquidation on Arbitrum, 20 Sep 2026 $5.9M M 3.8
20 Sep 2026 $7.6M on-chain liquidation wave, 20 Sep 2026 $7.6M M 3.9
15 Sep 2026 $1.5M GMX v2 liquidation on Arbitrum, 15 Sep 2026 $1.5M M 3.2
10 Sep 2026 $2.0M GMX v2 liquidation on Arbitrum, 10 Sep 2026 $2.0M M 3.3
10 Sep 2026 $6.5M on-chain liquidation wave, 10 Sep 2026 $6.5M M 3.8
23 Aug 2026 $4.0M GMX v2 liquidation on Arbitrum, 23 Aug 2026 $4.0M M 3.6
22 Aug 2026 $20.0M on-chain liquidation wave, 22 Aug 2026 $20.0M M 4.3
21 Aug 2026 $1.1M GMX v2 liquidation on Arbitrum, 21 Aug 2026 $1.1M M 3.0
19 Aug 2026 $1.2M GMX v2 liquidation on Arbitrum, 19 Aug 2026 $1.2M M 3.1