[Data: Only 4 out of the top 25 Papertrade losers turned profitable after receiving USDC rewards] According to a report by Jinse Finance on October 20, statistics from Lookonchain show that among the top 25 biggest losers on Papertrade, 21 individuals remained in a loss even after receiving USDC rewards, while only 4 managed to achieve overall profitability. They collectively generated $111.5 billion in trading volume and earned 2.06 billion PAPER tokens (accounting for 23.4% of the supply). In total, they received $11.61 million in USDC rewards (accounting for 20.6% of the total rewards).