Normally, When you copy a cell you will find the below statement written down in the status bar (in the bottom of your sheet)
"Select destination and Press Enter or Choose Paste"
Then you press whether Enter or choose paste to paste the value of the cell.
If you didn't press Esc afterwards you will be able to paste the value of the cell several times
Application.CutCopyMode = False does the same like the Esc button, if you removed it from your code you will find that you are able to paste the cell value several times again.
And if you closed the Excel without pressing Esc you will get the warning 'There is a large amount of information on the Clipboard....'