EVEN THE BIGGEST PAPERTRADE PLAYERS ARE STRUGGLING😬.
You’d think the traders doing billions in volume would be making good money, right? Well, the numbers tell a different story.
Out of the 25 biggest losers on #PaperTrade , 21 are still down overall even after collecting USDC staking rewards. Only 4 have managed to turn profitable.
And look at the scale of it… together, these traders generated $111.5 BILLION in trading volume, earned 2.06B $PAPER tokens (23.4% of the total supply), and claimed $11.61M in USDC rewards -- about 20.6% of all rewards distributed.
Billions in volume, millions in rewards… and most are still losing money. Sometimes, trading more doesn’t mean earning more.
You’d think the traders doing billions in volume would be making good money, right? Well, the numbers tell a different story.
Out of the 25 biggest losers on #PaperTrade , 21 are still down overall even after collecting USDC staking rewards. Only 4 have managed to turn profitable.
And look at the scale of it… together, these traders generated $111.5 BILLION in trading volume, earned 2.06B $PAPER tokens (23.4% of the total supply), and claimed $11.61M in USDC rewards -- about 20.6% of all rewards distributed.
Billions in volume, millions in rewards… and most are still losing money. Sometimes, trading more doesn’t mean earning more.