World Liberty Financial has purchased $775,000 worth of SEI tokens, adding to its diverse portfolio of altcoins amid ongoing accumulation. This acquisition was funded through USDC transfers and follows a denial of sales concerning its ETH holdings. The price of SEI has risen over 27% subsequent to the acquisition announcement.
World Liberty Financial, a crypto venture associated with Trump’s family, has acquired $775,000 in SEI tokens as part of its continued altcoin accumulation strategy. This purchase was supported by USDC transfers from the project’s main wallet to a designated trading wallet that has been utilised for previous altcoin acquisitions, as indicated by data from Arkham Intelligence.
The addition of SEI increases World Liberty Financial’s diverse portfolio, which includes prominent cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), TRON (TRX), Movement (MOVE), Ondo (ONDO), and several other altcoins. The company recently refuted claims that it had sold any ETH or other assets, following reports that suggested around $8 million worth of ETH had been offloaded from a wallet connected to them.
Despite these claims, the SEI token saw an increase in value, jumping over 27% within the week of the announcement, and is currently trading at approximately $0.178 per token. This movement reflects positively on the overall strategy and market impact of the acquisition by World Liberty Financial.