MACHI LOST $416K TRADING… BUT $341K IN REWARDS CAME BACK.
Machi (#machibigbrother ) has been putting up some huge numbers on papertrade_xyz, but the results tell a pretty interesting story.
He generated a massive $1.41 BILLION in trading volume and ended up losing around $416K. That’s a painful hit, even for someone used to making big moves.
But here’s where things get interesting. His trading activity earned him 57.6 million $PAPER tokens, which he then staked to receive around $341K in USDC rewards.
Those rewards have made a serious difference, bringing his reported overall loss down to roughly $73.59K. So, despite taking a big loss from trading, the staking rewards helped him recover most of it. Not a bad plot twist… though he’s still in the red, and rewards like these aren’t guaranteed to continue.
Address: 0xad1215e79ed05c3e196a4e85066de41ec9004b41
Machi (#machibigbrother ) has been putting up some huge numbers on papertrade_xyz, but the results tell a pretty interesting story.
He generated a massive $1.41 BILLION in trading volume and ended up losing around $416K. That’s a painful hit, even for someone used to making big moves.
But here’s where things get interesting. His trading activity earned him 57.6 million $PAPER tokens, which he then staked to receive around $341K in USDC rewards.
Those rewards have made a serious difference, bringing his reported overall loss down to roughly $73.59K. So, despite taking a big loss from trading, the staking rewards helped him recover most of it. Not a bad plot twist… though he’s still in the red, and rewards like these aren’t guaranteed to continue.
Address: 0xad1215e79ed05c3e196a4e85066de41ec9004b41