A certain trader lost $637,000 participating in PaperTrade and relied on staking rewards to recover part of the losses.

PANews October 13 news, according to Lookonchain monitoring, trader 0x26b6 accumulated a loss of approximately $637,000 in PaperTrade trading. The trader's trading loss was approximately $1.71 million, while receiving a reward of 136 million $PAPER tokens. In addition, through staking, they received approximately $1.07 million in USDC rewards, of which $943,000 has been claimed, with approximately $130,000 still pending. After combining trading losses and reward gains, 0x26b6's net loss is approximately $637,000.