A trader generated $2.84 billion in wash trading volume on Papertrade, with a net loss of $637,000.

October 13, according to Lookonchain monitoring, a trader accumulated a loss of $637,000 on Papertrade, with a cumulative notional trading volume of $2.84 billion. Their trading loss reached $1.71 million, and they received 136 million PAPER tokens.

In addition, the trader earned $1.07 million in USDC rewards through staking, of which $943,000 has been claimed, and $130,000 remains unclaimed. Taking all into account, their net loss is $637,000.