diff --git a/statediff/builder.go b/statediff/builder.go
index f16d71122..291cdbb8a 100644
--- a/statediff/builder.go
+++ b/statediff/builder.go
@@ -132,18 +132,18 @@ func (sdb *StateDiffBuilder) WriteStateDiffObject(args Args, params Params, outp
 	}
 
 	logger := log.New("hash", args.BlockHash.Hex(), "number", args.BlockNumber)
-	return sdb.BuildStateDiffWithIntermediateStateNodes(iterPairs, params, output, ipldOutput, logger)
+	return sdb.BuildStateDiffWithIntermediateStateNodes(iterPairs, params, output, ipldOutput, logger, nil)
 }
 
 func (sdb *StateDiffBuilder) BuildStateDiffWithIntermediateStateNodes(iterPairs []IterPair, params Params,
-	output types2.StateNodeSink, ipldOutput types2.IPLDSink, logger log.Logger) error {
+	output types2.StateNodeSink, ipldOutput types2.IPLDSink, logger log.Logger, prefixPath []byte) error {
 	logger.Debug("statediff BEGIN BuildStateDiffWithIntermediateStateNodes")
 	defer metrics2.ReportAndUpdateDuration("statediff END BuildStateDiffWithIntermediateStateNodes", time.Now(), logger, metrics2.IndexerMetrics.BuildStateDiffWithIntermediateStateNodesTimer)
 	// collect a slice of all the nodes that were touched and exist at B (B-A)
 	// a map of their leafkey to all the accounts that were touched and exist at B
 	// and a slice of all the paths for the nodes in both of the above sets
 	diffAccountsAtB, err := sdb.createdAndUpdatedState(
-		iterPairs[0].Older, iterPairs[0].Newer, params.watchedAddressesLeafPaths, ipldOutput, logger)
+		iterPairs[0].Older, iterPairs[0].Newer, params.watchedAddressesLeafPaths, ipldOutput, logger, prefixPath)
 	if err != nil {
 		return fmt.Errorf("error collecting createdAndUpdatedNodes: %v", err)
 	}
@@ -152,7 +152,7 @@ func (sdb *StateDiffBuilder) BuildStateDiffWithIntermediateStateNodes(iterPairs
 	// a map of their leafkey to all the accounts that were touched and exist at A
 	diffAccountsAtA, err := sdb.deletedOrUpdatedState(
 		iterPairs[1].Older, iterPairs[1].Newer, diffAccountsAtB,
-		params.watchedAddressesLeafPaths, output, logger)
+		params.watchedAddressesLeafPaths, output, logger, prefixPath)
 	if err != nil {
 		return fmt.Errorf("error collecting deletedOrUpdatedNodes: %v", err)
 	}
@@ -191,7 +191,7 @@ func (sdb *StateDiffBuilder) BuildStateDiffWithIntermediateStateNodes(iterPairs
 // a mapping of their leafkeys to all the accounts that exist in a different state at B than A
 // and a slice of the paths for all of the nodes included in both
 func (sdb *StateDiffBuilder) createdAndUpdatedState(a, b trie.NodeIterator,
-	watchedAddressesLeafPaths [][]byte, output types2.IPLDSink, logger log.Logger) (types2.AccountMap, error) {
+	watchedAddressesLeafPaths [][]byte, output types2.IPLDSink, logger log.Logger, prefixPath []byte) (types2.AccountMap, error) {
 	logger.Debug("statediff BEGIN createdAndUpdatedState")
 	defer metrics2.ReportAndUpdateDuration("statediff END createdAndUpdatedState", time.Now(), logger, metrics2.IndexerMetrics.CreatedAndUpdatedStateTimer)
 	diffAccountsAtB := make(types2.AccountMap)
@@ -206,7 +206,7 @@ func (sdb *StateDiffBuilder) createdAndUpdatedState(a, b trie.NodeIterator,
 		// index values by leaf key
 		if it.Leaf() {
 			// if it is a "value" node, we will index the value by leaf key
-			accountW, err := sdb.processStateValueNode(it, watchedAddressesLeafPaths)
+			accountW, err := sdb.processStateValueNode(it, watchedAddressesLeafPaths, prefixPath)
 			if err != nil {
 				return nil, err
 			}
@@ -259,30 +259,38 @@ func (sdb *StateDiffBuilder) createdAndUpdatedState(a, b trie.NodeIterator,
 }
 
 // reminder: it.Leaf() == true when the iterator is positioned at a "value node" which is not something that actually exists in an MMPT
-func (sdb *StateDiffBuilder) processStateValueNode(it trie.NodeIterator, watchedAddressesLeafPaths [][]byte) (*types2.AccountWrapper, error) {
+func (sdb *StateDiffBuilder) processStateValueNode(it trie.NodeIterator, watchedAddressesLeafPaths [][]byte, prefixPath []byte) (*types2.AccountWrapper, error) {
 	// skip if it is not a watched address
 	// If we aren't watching any specific addresses, we are watching everything
 	if len(watchedAddressesLeafPaths) > 0 && !isWatchedAddress(watchedAddressesLeafPaths, it.Path()) {
 		return nil, nil
 	}
 
-	// created vs updated is important for leaf nodes since we need to diff their storage
-	// so we need to map all changed accounts at B to their leafkey, since account can change pathes but not leafkey
-	var account types.StateAccount
-	accountRLP := make([]byte, len(it.LeafBlob()))
-	copy(accountRLP, it.LeafBlob())
-	if err := rlp.DecodeBytes(accountRLP, &account); err != nil {
-		return nil, fmt.Errorf("error decoding account for leaf value at leaf key %x\nerror: %v", it.LeafKey(), err)
-	}
-	leafKey := make([]byte, len(it.LeafKey()))
-	copy(leafKey, it.LeafKey())
-
 	// since this is a "value node", we need to move up to the "parent" node which is the actual leaf node
 	// it should be in the fastcache since it necessarily was recently accessed to reach the current node
 	parentNodeRLP, err := sdb.StateCache.TrieDB().Node(it.Parent())
 	if err != nil {
 		return nil, err
 	}
+	var nodeElements []interface{}
+	if err = rlp.DecodeBytes(parentNodeRLP, &nodeElements); err != nil {
+		return nil, err
+	}
+	parentSubPath := make([]byte, len(it.ParentPath()))
+	copy(parentSubPath, it.ParentPath())
+	parentPath := append(prefixPath, parentSubPath...)
+	partialPath := trie.CompactToHex(nodeElements[0].([]byte))
+	valueNodePath := append(parentPath, partialPath...)
+	encodedPath := trie.HexToCompact(valueNodePath)
+	leafKey := encodedPath[1:]
+
+	var account types.StateAccount
+	accountRLP := make([]byte, len(it.LeafBlob()))
+	copy(accountRLP, it.LeafBlob())
+	if err := rlp.DecodeBytes(accountRLP, &account); err != nil {
+		return nil, fmt.Errorf("error decoding account for leaf value at leaf key %x\nerror: %v", leafKey, err)
+	}
+
 	return &types2.AccountWrapper{
 		LeafKey: leafKey,
 		Account: &account,
@@ -293,7 +301,7 @@ func (sdb *StateDiffBuilder) processStateValueNode(it trie.NodeIterator, watched
 // deletedOrUpdatedState returns a slice of all the pathes that are emptied at B
 // and a mapping of their leafkeys to all the accounts that exist in a different state at A than B
 func (sdb *StateDiffBuilder) deletedOrUpdatedState(a, b trie.NodeIterator, diffAccountsAtB types2.AccountMap,
-	watchedAddressesLeafPaths [][]byte, output types2.StateNodeSink, logger log.Logger) (types2.AccountMap, error) {
+	watchedAddressesLeafPaths [][]byte, output types2.StateNodeSink, logger log.Logger, prefixPath []byte) (types2.AccountMap, error) {
 	logger.Debug("statediff BEGIN deletedOrUpdatedState")
 	defer metrics2.ReportAndUpdateDuration("statediff END deletedOrUpdatedState", time.Now(), logger, metrics2.IndexerMetrics.DeletedOrUpdatedStateTimer)
 	diffAccountAtA := make(types2.AccountMap)
@@ -307,7 +315,7 @@ func (sdb *StateDiffBuilder) deletedOrUpdatedState(a, b trie.NodeIterator, diffA
 		}
 
 		if it.Leaf() {
-			accountW, err := sdb.processStateValueNode(it, watchedAddressesLeafPaths)
+			accountW, err := sdb.processStateValueNode(it, watchedAddressesLeafPaths, prefixPath)
 			if err != nil {
 				return nil, err
 			}