BlockBeats News, May 26th, on-chain data analyst @ai_9684xtpa stated on social media that the large contract operations of whales like James Wynn have made Hyperliquid the ultimate winner. Data shows that as of May, Hyperliquid has collected a total of $55.4 million in fees. On May 21st, the fee and protocol revenue reached a peak since 2025, with a daily fee of up to $4.65 million. Interestingly, this was the day when James (long position) and the "insider address" (short position) opened opposing positions, with the total position size reaching $1.2 billion for the first time.
In addition, HYPE also broke through $39 this morning to hit a new all-time high, currently priced at $39.4, with a 24-hour increase of 14.2% and a 24-hour trading volume of $277 million.
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