# Machi Records $1.14 Million Net Loss After $485,000 in papertrade Rewards By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/52584 Published: 2026-11-09T22:01:14.000Z Updated: 2026-11-09T22:01:14.000Z Section: Investing > After another full liquidation on Hyperliquid, Machi moved $16,600 to papertrade and continued trading. After another full liquidation during a market decline, Machi moved the $16,600 left on Hyperliquid to papertrade and continued trading there. Trading losses on papertrade totaled $1.62 million, while rewards came to $485,000. The rewards offset about 30% of the trading losses, leaving a net loss of $1.14 million. Subtracting the reward amount from the losses gives $1.135 million, which rounds to $1.14 million. Machi previously recorded $779,000 in papertrade losses alongside $394,000 in rewards, as detailed in an [earlier account of his papertrade losses and rewards](). ## Links in this article - [earlier account of his papertrade losses and rewards](https://www.tokenpost.com/news/investing/34930)