Alameda liquidators hit with liquidation for second time in 3 days

According to Arkham Intelligence, Alameda Research liquidators were liquidated for the 2nd clip successful 3 days successful airy of caller marketplace movements.

Alameda liquidators wrote disconnected $15,000 of Curve DAO token (CRV) indebtedness connected Jan. 14 successful speech for 0.83 wrapped Bitcoin (WBTC) — oregon astir $17,600 of their collateral.

Alameda inactive holds a presumption abbreviated $16,500 of CRV — collateralized by $23,000 WBTC, according to Arkham Intelligence.

Second liquidation successful 3 days

After the nonaccomplishment of astir $1.7 cardinal successful funds done mixers often utilized by hackers on Dec. 28, 2022, Alameda liquidators were forced to go progressive on-chain to determination assets to safer multi-signature wallets.

Despite Alameda liquidators’ champion efforts to unafraid each funds, Arkham investigation revealed that “significant 7- and 8-figure sums of capital” was near stranded successful Alameda wallets.

“On the wallet 0x712, liquidators attempted to region assets from a get presumption connected the DeFi protocol [Aave].

Rather than paying backmost the indebtedness to adjacent retired the position, the liquidators opted to region each other collateral, putting the presumption successful information of liquidation.”

In doing so, Alameda liquidators caused a liquidation of astir 4 WBTC — worthy $72,000 —  successful summation to a punishment slashed from the liquidated collateral erstwhile forcibly closing the wallet’s AAVE positions.

The station Alameda liquidators deed with liquidation for 2nd clip successful 3 days appeared archetypal connected CryptoSlate.