WLFI Purchase Sends SEI Price Soaring 20%, Only to Stall at Resistance

World Liberty Financial (WLFI) triggered a short-lived surge in SEI price, sending the token 20% higher after purchasing $775K worth on April 12. However, momentum stalled as it hit key resistance on the chart. WLFI’s recent acquisition of 4.89 million SEI tokens was funded by USD Coin (USDC) from its main wallet. This purchase joins a growing list of crypto assets WLFI holds in its portfolio, including Bitcoin (BTC), Ethereum (ETH), Tron (TRX), Ondo Finance (ONDO), Avalanche (AVAX), Ethena (ENA), Movement (MOVE), Chainlink (LINK), and Wrapped Bitcoin (WBTC). 4.89 million SEI tokens valued at $775K is part of a larger investment by WLFI, totaling $346.8 million across eleven crypto assets.