Most traders on @papertrade_xyz are losing money.

First reported Oct 20, 2026, 03:27 UTC

Source reports

Most traders on @papertrade_xyz are losing money. Of the top 25 biggest losers, 21 are still in the red after USDC rewards, while only 4 are profitable overall. Together, they generated $111.5B in trading volume and earned 2.06B $PAPER (23.4% of supply). They also claimed… — @lookonchain (X), Oct 20, 2026, 03:27 UTC

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