SEI Token Surges Following Trump-Linked World Liberty Financial's $775K Purchase

Sei Network's native token SEI has had a noteworthy price rise of over 27% in the past week, and is currently trading above $0.17.

Sei Network’s native token SEI has seen a noteworthy price rise of over 27% in the past week, and is currently trading above $0.17. The spike follows a major purchase by World Liberty Financial (WLFI), a wallet connected to a Trump family-backed cryptocurrency initiative.

The latest token purchase by WLFI was of 4.89 million SEI tokens, which was performed on April 12 at an estimated value of $775,000, according to blockchain analytics firm Valhalla Intelligence. One of WLFI’s trading wallets performed the buy using USDC that was withdrawn from the project’s main wallet. This wallet had previously collected various additional altcoins.

This forms part of a larger investment plan by which WLFI has collected a wide portfolio of cryptocurrencies including Bitcoin (BTC), Ethereum ( ETH), Tron (TRX), Ondo Finance (ONDO), and Avalanche (AVAX), among others. According to blockchain researcher Lookonchain, WLFI has so far spent $346.8 million in 11 different coins.

While the project has a highly ambitious investment plan, it seems that World Liberty Financial’s crypto portfolio has not yet turned a profit. According to Lookonchain’s research, the project’s total investments are currently down by about $145.8 million. Out of this sum, more than $114 million in paper losses are attributed to WLFI’s Ethereum investments.

The timing of this purchase is interesting, especially given Eric Trump’s February social media post where he advised on buying Ethereum. In a now-edited tweet on X—formerly Twitter—he advised that it was “a great time to add $ETH.”

Following that advice, Ethereum’s price has dropped by about 55%, going from $2,879 to roughly $1,611.

SEI/USD Technical Analysis: Potential Recovery Ahead?

The recent SEI token price movement aligns with what some experts describe as a “falling wedge breakout pattern,” which could potentially predict a positive reversal.

Technical analyst ZAYKFX notes that although SEI may finally be breaking out from this pattern, it has been creating lower highs and low lows since November 2024. Some analysts estimate a short-term aim at $0.34, which would represent a 100% increase from present price levels, if the present momentum continues.

Based on apparent pricing floor establishment, CryptoPatel notes noteworthy buyer interest in the $0.13-$0.15 accumulation zone.

Derivative Markets Signal Shifting Sentiment

According to Coinglass’s funding rate data, SEI’s funding rate has been largely negative for the past three months, showcasing traders’ bearish sentiment. However, the rate is now nearly neutral, which could imply a shift in market dynamics as short positions close or reverse.

Analysts advise SEI to hold and close above $0.22, which marks a critical structural pivot, if it is to confirm its bullish trend reversal. Should this level be broken and an uptrend sustained, future resistance levels to monitor include $0.28, $0.40, and finally $1.04.

On the other hand, a failure to retain support above $0.15 could lead to a retest of smaller support zones close to $0.10-$0.09. After reaching a 24-hour high of $0.1862, SEI/USD is currently trading at approximately $0.1755, so market players are closely observing whether sellers will regain control or whether buyers can sustain a bullish momentum.