Trump's return to the altcoins market, the purchase of 5 million SEI tokens made headlines!

Trump's return to the altcoins market, the purchase of 5 million SEI tokens made headlines!

By fallah rashidi | fallah | 15 Apr 2025


The defiworld Liberty Financial (WLFI) project, which is linked to the Trump family, recently purchased about 4.89 million si tokens (SEIS) worth approximately 775,000 during its extensive purchases of altcoins.
The purchase was made on April 12, 2025 by one of WLFI's trading wallets using usdcoin (USDC). This stabilcoin was previously transferred from the original project wallet to this address.
According to data from the Arkham Intelligence platform, the purse was previously used to buy other altcoins.

WLFI's asset portfolio includes bitcoin (BTC), Ethereum (ETH) and altcoins such as Tron (TRON), ulanch (AVAX), Ondo finance (ONDO) and now SEI.


Lookonchain also reported that the WLFI project has spent about 346.8 million on 11 different cryptocurrencies, but has not yet made a profit on any of them.
According to the report, more than 114 million in investment in Ethereum alone was recorded, and the total losses of the project reached 145.8 million by April 12.
Two months ago, Eric Trump had offered his followers Ethereum in a post on network X. This post originally also had a phrase "Thank you later" that was deleted below.
Interestingly, since that post was published, Ethereum has fallen by about 55 percent toΒ  1,611 from 2,879.
Meanwhile, the WLFI-owned USD one (USD1) stabilcoin symbol has recently appeared without official announcement on websites such as Binance, quinbis and quinmarketcap.
It should be noted that at one of the US congressional hearings, some delegates warned that Donald Trump may be planning to replace the USD1 with the dollar and use it for government payments. This has been met with opposition from some politicians and has raised concerns.

How do you rate this article?

2


fallah rashidi
fallah rashidi

Hi! I'm a crypto enthusiast exploring DeFi and blockchain trends. Sharing what I learn and open to discussion!


fallah
fallah

Hello there, I'm passionate about crypto and how it's changing lives, especially here in Africa. I want to share real stories, project reviews, and simple guides that help people understand and benefit from this space. Let's grow together!

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.