I don’t think it is. I worked for one of the major HFTs and new graduates earned far less than that. In addition the churn rate was high - I’d say most new graduate hires didn’t last more than 2 years and what you learned in those 2 years was often not much use in terms of experience useful for other career paths.

Bonus distribution was reverse exponential. Like traditional consultancy partnerships, a small few of the old hands made serious money but those at the “bottom” made ok money but after a few years their FAANG based contemporaries were doing better. Advancing up the ranks was not guaranteed even if you survived the frequent blood lettings.