Important takeouts:
- The purchase was made by World Liberty Financial, a Trump-linked group, and acquired 4.89 million SEI tokens for $775,000.
- SEI tokens surged 7.8% shortly after purchase.
- Despite previous losses, the move suggests that it could again seek aggressive positioning in Crypto.
The vast cryptocurrency acquisitions from World Liberty Financial (WLFI) have attracted intense interest in both political and financial circles. According to an April 12 report from Blockchain Monitoring Tool, WLFI purchased 4.89 million SEI tokens in exchange for 775,000 USDC. This averages $0.158 per token.
Since then, Trump-related crypto wallets have a balance of 5.98 million SEI tokens based on public on-chain data.
Previously dealing with the ups and downs of the volatile crypto market, WLFI has made a bold bet on investment, showing a prominent return to the spotlight.
World Liberty Financial: A deep pocket but dangerous player in Crypto
World Liberty Financial has emerged as one of the more well-known political entries into the crypto space. WLFI is attracting attention for its aggressive investment strategy driven by individuals reportedly associated with Donald Trump.
To date, WLFI has lavished its jaws that drop $346.8 million with 11 individual tokens. However, all of these investments are in red, with unrealized losses of $145.8 million, counting. So, recent SEI purchases are more than just crypto purchases. It shows that WLFI continues to double despite a significant retreat.
Despite the losses, WLFI holdings are still worth around $110 million, up 1.18% over the past 24 hours.
More news: World Liberty Financial invests $4 million in Avax and MNT despite portfolio losses
Why sei? Investigating the possibilities of cryptocurrency
SEI is a layer 1 blockchain designed for speed, especially in Defi and real-time trading applications, whose native coins are called SEI.
The SEI has up and down performance. Token prices have fallen 75.9% over the past year. Last month, it fell by 12% over the past two weeks, and another 14.4%. On April 7th, it bottomed at $0.1293 from $0.1720 at the beginning of the month.
However, on April 6th, SEI prices increased by 10.5% per day due to purchasing activities. On April 10th, there was a small revision of 4.11%, but the bounce clearly showed interest and momentum remained. The latest purchases of WLFI could represent a strategic bet on the potential rebound.
Political impact and market psychology
When financial manipulation is polarized and linked to powerful political figures like Donald Trump, market responses can often be more emotional than rational. The story seems to be what SEI Price did right after the WLFI transaction. This shows the market’s view that purchases are a vote of confidence – 7.8% in 24 hours and 3.4% in 1 hour – buys.
The crypto community often tracks buyers politically connected to large wallets and interprets movements as signals. Despite criticism of WLFI’s past performance, such visibility around tokens like SEI can have immediate effect.
The Trump brand is controversial, powerful, and unpredictable – brought elements of human drama to the abstract world of blockchain transactions.
More news: Trump’s World Free Finance introduces USD1 stablecoin supported by US treasures
