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|Legacy
BTCBTC
💲76357.65
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0.63%
ETHETH
💲2302.97
+
0.66%
SOLSOL
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0%
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K三 凯
K三 凯|Apr 16, 2025 11:04
A few days ago, I swiped Arkham Intelligence, and news flash: the WLFI of the Trump family has made another move, spending $775000 to buy 4.89 million SEIs, with an average price of $0.158. This is their third time adding SEI within two months, and they have just sold a wave of ETH. I don't quite understand this operation. Today, I want to uncover the story behind it. Why is WLFI fond of SEI? I have been looking at the SEI project for quite some time. The Layer 1 public chain uses Cosmos SDK, with fast transactions and great DeFi potential. The TVL has surged to $700 million. WLFI has previously purchased over 1 million SEI tokens twice, with a total investment of nearly one million US dollars. Currently, they have 5.983 million SEI tokens in their wallet, which is one of the few among their 11 tokens that has not lost money (the other two being TRX and AVAX). I guess WLFI either sees SEI's low price and high potential, or wants to use its high performance to make some DeFi big moves. The SEI of 0.15 US dollars is far from the high point of 1.15 US dollars, and the space is so large that it is tempting. Selling ETH for SEI, strategic shift? Interestingly, WLFI just sold 5471 ETH and cashed out $8.01 million, with an average price of $1465, resulting in a significant loss. This happened when the market was fluctuating due to tariff policies, and it felt like they were trying to avoid risks. Can you turn your head and buy SEI again? Isn't that 'left hand over right hand'? I feel that WLFI is adjusting its position. ETH fluctuates greatly and is difficult to recoup in the short term; SEI underestimates, good long-term prospects. These three consecutive purchases clearly indicate a vote of confidence in SEI.
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