[Loss of $1.7 Million, TechnoRevenant-Linked Wallet Becomes Second-Largest Holder with 136 Million PAPER] Odaily Planet Daily News: A wallet associated with TechnoRevenant staked 744,000 HYPE on Hypercore, borrowed 3 million USDC, and subsequently incurred a $1.7 million loss on Papertrade. As a result, it acquired 136 million PAPER, becoming the second-largest PAPER holder and the platform's largest realized perpetual contract loss trader. As of now, the wallet has earned back 1.051 million USDC through staking rewards, with a net loss of approximately $650,000. Before accounting for staking rewards, its average cost per PAPER was about $0.0125, the highest among the top five holders.