[A Trader Lost $979,000 on Papertrade's First Day but Recovered and Netted $1.04 Million Through PAPER Staking] According to a report by Jinse Finance on October 20, monitored by Lookonchain, trader 0x35b2 has achieved a cumulative net profit of $1.04 million on Papertrade. He participated in trading only on the platform's launch day, generating a trading volume of $10.1 billion and incurring a loss of $979,000, but received 252 million PAPER tokens. Afterward, he ceased trading and solely relied on staking PAPER to earn rewards, not only recovering the previous $979,000 loss but also making an additional profit of $1.04 million.