Trump's Project Made Its Second Purchase in This Altcoin, Price Started to Rise! - Coin Bulletin

The DeFi project World Liberty Financial, linked to US President Donald Trump's family, bought approximately 100,000 dollars worth of SEI tokens with its latest move.

According to data shared by the blockchain analysis platform Wu Blockchain, World Liberty Financial, known as the crypto venture of the Trump family, purchased 541,242 units of Sei Network (SEI) through the Cow Protocol. Following the transaction that took place on March 14th at 23:11 Turkish time, the acquired SEIs were directly sent to World Liberty Financial's main wallet.

Lookonchain data also verifies the same transaction, revealing that the project purchased $100,000 worth of SEI for the second time within a few hours. With this move, the total SEI amount in World Liberty Financial's possession has risen to 1,089,000. However, the purchases have not yet yielded the expected profit; while the total SEI investment in the project stands at $225,000, the current value is only around $207,000.

The damage of the project connected to Trump is not limited to SEI. It is reported that World Liberty Financial recently spent a total of 21.6 million dollars on Ethereum (ETH), Wrapped Bitcoin (WBTC), Movement (MOVE), and various altcoins, but the current investments are reportedly in total about 124 million dollars in loss.

According to CoinGecko data, SEI rose by 10% after the news of WLFI's purchase, SEI is currently finding buyers at $0.196.