Lookonchain: Out of the 25 traders with the highest losses on Papertrade, 21 remain unprofitable even after accounting for USDC rewards

Per statistics, among the 25 traders that recorded the largest loss amounts on Papertrade, 21 are still in a deficit after including USDC rewards, with only 4 achieving net profits. These 25 traders generated a combined trading volume of $111.5 billion, and received 2.06 billion PAPER tokens, accounting for 23.4% of the total token supply. They have also claimed $11.61 million in USDC rewards, representing 20.6% of all distributed USDC rewards.

Source: PANewsRead original

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