WLFI’s $775K Sei purchase lifts SEI price 20% before stalling at resistance

World Liberty Financial has sparked a short -term increase in Sei Price after buying a value of $ 775,000 in token, which briefly raised it by 20% before the development of the momentum.

According to the Blockchain analysis company Arkham IntelligenceWorld Liberty Financial (WLFI) acquired 4.89 million SEIs (BE) Tokens worth $ 775,000. The purchase was made on April 12 by a Wlfi Commercial portfolio, funded with USD Coin (USDC) of the main project portfolio.

With this purchase, sei joins a growing list of altcoins WLFI is currently in its portfolio, including Bitcoin (BTC),, Ethereum (Ethn), Tron (Trx), Finance Ondo (Ondo), Avalanche (Avax), Ethena (This one), Movement (MOVE), Chainlink (LINK), Wrapped bitcoin (WBTC).

According to LookonchainWLFI has invested a total of $ 346.8 million in 11 tokens.

In response, BE The price has jumped by 20% by the end of the day, opening at $ 0.15 and closing to $ 0.18, its highest price since March 29.

However, the daily graphic shows a clear and prolonged downward trend that started in early December from last year. From that moment, SEI systematically rendered lower ups and lower stockings, each rally being lower than the previous one. Throughout this period, SEI remained below the exponential mobile average of 20 days, each attempt to break above its short duration.

Currently, Sei Price oscillates just above a level of horizontal support around $ 0.17, trading at $ 0.1773 at the time of the press. This level recently experienced several interactions, which suggests that it is a significant area where buyers are involved to stop new decreases, at least temporarily. In addition, with a depression of $ 0.18 on the new WLFI purchasing, the price has now exceeded EMA 20 days, although it remains to be seen if it will be held. If the 0.17 support breaks, the following level to watch is $ 0.15.