Machi Big Brother Suffers $833,000 Trading Loss on papertrade, Still Down $424,000 After Accounting for PAPER Airdrop

Machi Big Brother (Jeffrey Huang) has accumulated a total trading volume of $1.56 billion on the papertrade platform since October 10, with realized losses of $833,000, ranking 10th on the platform's loss leaderboard. He received a total airdrop of 437,000 PAPER tokens, leaving his account still at a $424,000 deficit after offsetting losses with the airdrop proceeds. He primarily opened long positions on ETH on the platform, with leverage ranging from 50x to 1000x, most commonly at 100x. Machi Big Brother has previously posted multiple tweets praising the papertrade model.

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ETH

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