Alameda Research’s Liquidators Recover $110 Million in Bitcoin Despite Major Losses

Liquidators overseeing the recovery of assets for the now-defunct Alameda Research hedge fund, founded by Sam Bankman-Fried, currently control over $110 million worth of bitcoin held in various wallets, according to a report by blockchain analysis firm Arkham Intelligence. These wallets have been receiving BTC from exchanges and cold wallets as recently as March 2023. The aggregation of these wallets provides insights into the liquidators’ collection of BTC from Alameda’s holdings. Since the beginning of 2023, one address has accumulated 3,581 BTC, worth approximately $97.19 million at current prices. In total, Alameda’s liquidators have managed to secure 4,083 BTC (currently $110.81M) sourced from other Alameda wallets, Deribit, WBTC Custodian, Bitfinex, and unlabelled wallets, possibly an exchange. However, this is only a fraction of the BTC that Alameda controlled in the past. Wallets connected to this network of Alameda’s BTC activity were worth at peak over $800M, with Alameda likely holding more BTC in Centralized Exchanges or unlinked Cold Wallets. Arkham Intelligence stated that it will continue to monitor the on-chain activity of Alameda’s liquidators.

J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

View J-S Tremblay website

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top