An address linked to TechnoRevenant incurred a $1.7 million loss on Papertrade, earning 136 million PAPER tokens to become the second-largest holder of PAPER.

According to MLM monitoring, a wallet linked to TechnoRevenant borrowed 3 million USDC by staking 744,000 HYPE (valued at $61.3 million) on Hypercore, then incurred a $1.7 million loss on Papertrade. These losses netted him 136 million PAPER, making him the second-largest PAPER holder and the trader with the largest realized perpetual contract loss on the platform. To date, he has recouped $1.051 million USDC through staking rewards, resulting in a net loss of roughly $650,000. Before factoring

@tonmelonfest