PaperTrade Address Reaches $1.04 Million Profit After Staking PAPER

Enna Lee

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PaperTrade Address Reaches $1.04 Million Profit After Staking PAPER

The address lost $979,000 while generating $10.1 billion in trading volume on PaperTrade’s launch day.

By Enna Lee

Published Oct 20, 2026, 4:21 AM EDT

Mentioned assets

USDC

A textured token sits balanced in a small precision scale / TokenPost.ai (mono)

A crypto wallet on PaperTrade has reached $1.04 million in cumulative net profit through staking rewards after losing $979,000 in trades on the platform’s launch day.

The address generated $10.1 billion in trading volume that day and earned 252 million PAPER. It stopped trading after launch day and began staking PAPER, with the rewards eventually covering its trading loss.

The gain marks a new stage for an address previously covered for its staking rewards. By Oct. 16, those rewards had reached $1.73 million in USD Coin (USDC). That figure measured rewards; the latest $1.04 million figure is the address’s cumulative net profit after its launch-day trading loss.

Enna Lee

Reporter

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