Alameda wallet under liquidator control incurred $11.5M in losses: Arkham
According to crypto analytics firm Arkham, at least $4 million of these losses were "preventable losses." The liquidators of Alameda Research have reportedly incurred at least $11.5 million in losses since taking control of Alameda's trading accounts. On Jan. 16, a Twitter thread from Arkham Intelligence reported that one wallet under the control of liquidator s has seen a string of "significant losses " due to liquidations, some of which were "preventable losses ." Over the past two weeks being under Liquidator control, the account incurred significant losses: Largest single liquidation: $4.85M Total liquidated amount: $11.5M Preventable losses: $4M+ — Arkham (@ArkhamIntel) January 16, 2023 As one example, Arkham noted that the account ending 0x997 initially had a short position of 9,000 Ether (ETH) ($10.8 million) against the collateral of $20 million in USD Coin (USDC) and $4 million in Dai (DAI), with a net balance of $15.2 million when the li...