PANews reported on May 26 that according to the monitoring of on-chain analyst @ai_9684xtpa, James Wynn opened a position of US$1.2 billion, and Hyperliquid may become the biggest winner.

From May to date, Hyperliquid has collected a total of US$55.4 million in fees. On May 21, the fees and agreement income reached a peak since 2025, with a single-day fee of up to US$4.65 million. This was the day when James and insider traders opened opposing positions and their positions reached US$1.2 billion for the first time.

HyperliquidX's transaction fees are calculated based on the rolling transaction volume of the past 14 days. The basic fee for Takers with a transaction volume greater than US$2 billion is 2.6 per 10,000. James alone can contribute hundreds of thousands of dollars in transaction fees, as well as a large amount of intangible benefits such as platform exposure.

At the same time, HYPE also hit a new record high today, with a 24-hour increase of 14.2%.