Alameda Research operated as a cryptocurrency trading firm from 2017 until its collapse in late 2022. The firm handled significant BTC positions across its operational period. When FTX, its sister exchange, faced a solvency crisis in November 2022, both entities filed for Chapter 11 bankruptcy. The collapse exposed substantial interconnectedness between trading operations and exchange infrastructure.
The Bitcoin addresses tracked here represent identifiable on-chain positions attributed to Alameda's operations during its active period. These holdings reflect the firm's trading and treasury management practices before the bankruptcy filing. Attribution comes from blockchain analysis and public documentation surrounding the collapse. The addresses shown are a subset of Alameda's known crypto footprint during its operational years.
Alameda maintained Bitcoin positions consistent with an active trading operation rather than a long-term hodl strategy. The firm's custody approach centered on direct wallet management. Movements on tracked addresses showed patterns typical of trading desks handling collateral, margin positions, and operational reserves. The collapse in 2022 froze many positions in place, making historical on-chain records valuable for understanding the firm's actual balance sheet.