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PaperTrade Trader Takes $1.71 Million Loss Despite Rewards

The trader received 136 million PAPER tokens and about $1.07 million in USDC staking rewards, reducing the net loss to roughly $637,000.

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Metallic tokens beside a smartphone displaying wallet balances / TokenPost.ai (macro)
Metallic tokens beside a smartphone displaying wallet balances / TokenPost.ai (macro)

Wallet 0x26b6 recorded about $1.71 million in PaperTrade losses, while token and staking rewards reduced the trader’s overall net loss to roughly $637,000.

The wallet received 136 million PAPER tokens as rewards and earned about $1.07 million in USDC staking rewards.

About $943,000 of the USDC rewards had been claimed, while roughly $130,000 remained unclaimed.

After combining the trading losses with the token and staking rewards, the trader’s overall result was a net loss of about $637,000.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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