Lookonchain: 21 of the 25 biggest Papertrade losers still in the red after counting USDC rewards

October 20 — According to Lookonchain's statistics, among the 25 traders with the largest Papertrade losses, 21 remain in the red even after counting USDC rewards, while only 4 turned a profit. 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, accounting for 20.6% of all USDC rewards.