Lookonchain statistics:Papertrade Among the top 25 largest-loss traders, 21 traders, after accounting for USDC rewards, remained at a loss
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AT A GLANCE
Lookonchain said that,Papertrade among the traders with the largest losses, 25 traders, 21 traders, after accounting for USDC rewards, remained at a loss.
Article
Lookonchain：Papertrade Among the traders with the largest losses, 25 traders, 21 traders, after accounting for USDC rewards, remained at a loss
PANews October 20 reported, citing Lookonchain statistics, that Papertrade among the traders with the largest losses, 25 traders, 21 traders, after accounting for USDC rewards, remained in a loss-making position; only 4 traders were profitable. These 25 traders generated a combined 111500000000 USD in trading volume and received 2060000000 tokens,PAPER representing of the total token supply 23.4%; meanwhile, they have claimed 11610000 USD USDC rewards, representing of all USDC rewards. 20.6%。
PANews said the information was based on Lookonchain statistics.
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Papertrade Among the traders with the largest losses, 25 traders, 21 traders, after accounting for USDC rewards, remained at a loss; only 4 traders were profitable.
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These 25 traders generated a combined 111500000000 USD in trading volume.
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These 25 traders received 2060000000 tokens,PAPER representing of the total token supply. 23.4%。
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These 25 traders have claimed 11610000 USD USDC in rewards, representing of all USDC rewards. 20.6%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
These statistics mean that even after including USDC rewards, most of the 25 traders with the largest losses still had not broken even; meanwhile, these traders received a substantial proportion of PAPER and USDC rewards.
Why it matters to readers
The data also show high trading volume, trading losses, and reward distributions, which can be used to assess whether activity rewards are sufficient to offset some traders' losses and whether rewards are concentrated among a small number of accounts.
Beginners should distinguish between “receiving rewards” and “being profitable overall”: receiving PAPER or USDC rewards does not necessarily mean that trading was profitable overall.
Risks and unknowns
The original text did not provide the addresses, statistical period, or calculation details for the 25 traders, so independent verification is not possible.
The original text did not state whether the PAPER rewards had been unlocked, were tradable, or had been sold.
The original text did not state whether these data are representative of all Papertrade traders.
The “October 20” in the headline does not specify a year.
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Trading Volume
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