Whale contract traders make Hyperliquid the ultimate winner, collecting $55.4 million in fees in May

on-chain data analyst @ai_9684xtpa posted on social media that the large contract operations of whales such as James Wynn have made Hyperliquid the ultimate winner. Data shows that from May to now, Hyperliquid has accumulated fees of 55.4 million US dollars. On May 21, the fees and protocol revenue reached the highest point since 2025, with daily fees as high as 4.65 million US dollars. This was the day when James (long) and the "insider address" (short) took opposite positions and the position reached 1.2 billion US dollars for the first time. In addition, HYPE also broke through $39 this morning to hit a new all-time high, now trading at $39.4, with a 24-hour increase of 14.2% and a 24-hour trading volume of $277 million.