CoinMeta data: According to Lookonchain, most traders are currently in the red. Among the top 25 largest losers, 21 are still in a losing position, with only 4 making a net profit. These traders generated a total trading volume of 111.5 billion US dollars and earned 2.06 billion US dollars in $paper (23.4% of the total supply). They also received 11.61 million US dollars in USDC rewards, accounting for 20.6% of the total rewards.