diff --git a/substrate/client/transaction-pool/graph/src/listener.rs b/substrate/client/transaction-pool/graph/src/listener.rs
index c6a90b0c5b..865255c9c7 100644
--- a/substrate/client/transaction-pool/graph/src/listener.rs
+++ b/substrate/client/transaction-pool/graph/src/listener.rs
@@ -91,8 +91,12 @@ impl<H: hash::Hash + traits::Member + Serialize, H2: Clone + fmt::Debug> Listene
 	}
 
 	/// Transaction was removed as invalid.
-	pub fn invalid(&mut self, tx: &H) {
-		warn!(target: "txpool", "Extrinsic invalid: {:?}", tx);
+	pub fn invalid(&mut self, tx: &H, warn: bool) {
+		if warn {
+			warn!(target: "txpool", "Extrinsic invalid: {:?}", tx);
+		} else {
+			debug!(target: "txpool", "Extrinsic invalid: {:?}", tx);
+		}
 		self.fire(tx, |watcher| watcher.invalid());
 	}
 
diff --git a/substrate/client/transaction-pool/graph/src/validated_pool.rs b/substrate/client/transaction-pool/graph/src/validated_pool.rs
index 321eed0b62..7f9e407727 100644
--- a/substrate/client/transaction-pool/graph/src/validated_pool.rs
+++ b/substrate/client/transaction-pool/graph/src/validated_pool.rs
@@ -138,7 +138,7 @@ impl<B: ChainApi> ValidatedPool<B> {
 				Err(err.into())
 			},
 			ValidatedTransaction::Unknown(hash, err) => {
-				self.listener.write().invalid(&hash);
+				self.listener.write().invalid(&hash, false);
 				Err(err.into())
 			}
 		}
@@ -311,8 +311,8 @@ impl<B: ChainApi> ValidatedPool<B> {
 				match final_status {
 					Status::Future => listener.future(&hash),
 					Status::Ready => listener.ready(&hash, None),
-					Status::Failed => listener.invalid(&hash),
 					Status::Dropped => listener.dropped(&hash, None),
+					Status::Failed => listener.invalid(&hash, initial_status.is_some()),
 				}
 			}
 		}
@@ -478,7 +478,7 @@ impl<B: ChainApi> ValidatedPool<B> {
 
 		let mut listener = self.listener.write();
 		for tx in &invalid {
-			listener.invalid(&tx.hash);
+			listener.invalid(&tx.hash, true);
 		}
 
 		invalid
@@ -506,7 +506,7 @@ fn fire_events<H, H2, Ex>(
 		base::Imported::Ready { ref promoted, ref failed, ref removed, ref hash } => {
 			listener.ready(hash, None);
 			for f in failed {
-				listener.invalid(f);
+				listener.invalid(f, true);
 			}
 			for r in removed {
 				listener.dropped(&r.hash, Some(hash));