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 liquidators 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