Trump-backed World Liberty Financial (WLFI) plunged deeper into the crypto rabbit hole, scooping up 4.89 million SEI tokens for $775,000 in its latest digital shopping spree. The April 12, 2025 purchase, tracked by Arkham Intelligence, saw WLFI moving USDC from its main wallet to an active trading wallet – because apparently, that’s how the cool kids do crypto these days.
The SEI token couldn’t help but notice the attention, strutting up 27% to $0.178 in the week following the purchase. Talk about making an entrance. Technical analysts suggest SEI could reach a price target of $0.34 based on its falling wedge breakout pattern. The project’s focus on altcoins reflects its core strategy of cryptocurrency expansion.
But here’s the kicker: WLFI’s overall portfolio is bleeding red faster than a paper cut, down a staggering $145.8 million across its 11 cryptocurrency holdings. Not a single token in WLFI’s digital menagerie is turning a profit. Even Ethereum, once trumpeted by Eric Trump himself, has face-planted 55% from its endorsement high. Using fiat-backed stablecoins for trading has become a common strategy to minimize volatility risks in crypto portfolios.
Yet WLFI keeps collecting altcoins like they’re Pokemon cards, using USDC as their golden ticket to crypto shopping. The company’s strategy? Spread the love across major and emerging cryptocurrencies. Their portfolio reads like a who’s who of crypto: Bitcoin, Ethereum, Tron, Ondo Finance, and Avalanche. Total damage: $346.8 million spent. Some might call it diversification. Others might call it throwing good money after bad.
WLFI’s crypto shopping spree continues unabated, throwing hundreds of millions at digital tokens while losses pile up like discarded lottery tickets.
Despite rumors of an $8 million Ether sell-off, WLFI is clutching its tokens like a toddler with their favorite blanket. They’ve publicly denied any liquidation, sticking to their buy-and-hold guns even as losses mount and political scrutiny intensifies.
The Trump connection has turned every WLFI move into a headline-grabbing spectacle. Each purchase draws more eyes, more criticism, and more drama to the crypto circus. Yet they persist, accumulating altcoins amid the market’s mood swings and political crossfire.
Whether this strategy proves brilliant or disastrous remains to be seen. But one thing’s certain: WLFI isn’t letting a little thing like nine-figure losses dampen their crypto enthusiasm.
