20 February 2025
3 0
World Liberty Financial Acquires 547,990 SEI Tokens for $125,000
World Liberty Financial, linked to Donald Trump, has acquired SEI tokens, spending 125,000 USDC for 547,990 tokens. This marks their continued investment into the DeFi sector.
- The firm previously purchased 52.07 WBTC worth $5 million and 2.53 million MOVE tokens for $1.14 million.
- World Liberty Financial's portfolio now totals $117.052 million, with a reported PNL decline of 6.439% (loss of $56.522 million).
- A multi-signature wallet spent 20 million USDC on 400 million WLFI tokens recently, indicating growing interest in the WLFI token.
- The price of SEI has risen by 7.82%, following a previous increase of 4.52%, forming a bullish trend.
- The potential price target for SEI could reach 0.33113, suggesting an upside of 32% if momentum continues.
- Total value locked in the SEI network has increased to $195 million, recovering from a low of $166.01 million.
Despite this growth, trading volumes remain low at $10.54 million.