Lookonchain APP

App Store

Whale Trader Drives Hyperliquid to Victory, Accumulating $55.4 Million in Fees in May

2025.05.26 10:16:22

On May 26th, on-chain data analyst @ai_9684xtpa stated on social media that the large contract operations of whales such as James Wynn have made Hyperliquid the ultimate winner. The 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 (with a long position) and the "insider address" (with a short position) opened opposing positions, and the total position size reached $1.2 billion for the first time. In addition, HYPE also broke through $39 this morning and hit a new all-time high. Currently, it is priced at $39.4, with a 24-hour increase of 14.2% and a 24-hour trading volume of $277 million.
Relevant content

Fed Mouthpiece: July CPI data eases pressure on the Federal Reserve to hike interest rates in September.

Nick Timiraos, widely known as the "Fed mouthpiece", said July's CPI data was largely in line with expectations, easing pressure on the Federal Reserve to raise interest rates in September. The Fed believes current interest rates are sufficiently restrictive to guide inflation toward its 2% target without further hikes.

5 minutes ago

Lighter Team Wallet Transfers 1.87 Million LIT Tokens to New Address, Valued at Approximately $4.57 Million

According to monitoring by The Data Nerd, a wallet belonging to the Lighter team transferred 1.87 million LIT tokens to a new address, valued at approximately $4.57 million. Analysts believe this move is likely just a routine treasury management operation.

5 minutes ago

US stocks opened higher on the back of moderate inflation data, with storage, semiconductors, optical communications, and Neocloud rallying across the board.

US stocks opened higher today amid mild inflation data, per Bitget market data. The Dow Jones Industrial Average rose 0.33%, the S&P 500 gained 0.49%, and the Nasdaq climbed 0.9%. In terms of individual stocks, BIT (bit.com) market data shows that stocks in the storage, semiconductor, optical communication, and neocloud sectors rallied broadly. SanDisk advanced 6.9%, SK Hynix rose 5.8%, and Micron Technology gained 5.5%. For neocloud stocks, CRWV jumped 22%, NBIS climbed 15.21%, and IREN rose 10%. Meanwhile, optical communication-related stocks saw LITE surge 9.88%, GLW add 5.64%, AAOI advance 4.71%, and MRVL rise 6%.

5 minutes ago

US stocks opened higher, but Bitcoin fell instead of rising, briefly dipping below $64,000.

Despite tonight's moderately positive CPI data and the US stock market opening higher, Bitcoin failed to align with market sentiment. According to HTX market data, Bitcoin instead fell after the US stock market opened, currently trading at $63,990.22, with its daily gain narrowed to 0.59%.

5 minutes ago

The "Big Short" Michael Burry criticizes Buffett’s successor for making aggressive investments when the market is overheated.

"The Big Short’s Michael Burry has stated that Berkshire Hathaway, under the leadership of CEO Greg Abel, is no longer attractive, and he has raised questions about Abel’s capital allocation discipline. Burry argues that Abel deploys cash too aggressively when market prices are elevated, rather than waiting for 'fat pitches' as Warren Buffett does. Berkshire has spent heavily on stock buybacks, equity investments and acquisitions, reducing its cash reserves. Michael Burry is renowned for successfully shorting the U.S. housing market ahead of the 2008 financial crisis, and his investment views have long drawn close attention from the market."

5 minutes ago

Hyperliquid is seeking to expand into the U.S. market.

Hyperliquid is exploring paths to expand its perpetual contract business into the U.S. market. The platform is currently not open to U.S. users. Earlier, the Hyperliquid Policy Center, funded by the Hyper Foundation, has been conducting policy research and advocacy in Washington, D.C., to push for the U.S. to establish a regulated access framework for on-chain perpetual contracts and decentralized market infrastructure. (The Information)

5 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano