Circle’s IPO filing reveals SEI as its largest token holding, boosting investor sentiment and institutional credibility.
SEI crypto has staged a sharp breakout, climbing over 90% in a single week and breaking past months of consolidation. The rally was driven by a surge in whale accumulation, open interest, and volume, confirming a powerful shift in sentiment. With new institutional exposure and bullish technical confirmation, SEI is showing signs of entering a major uptrend.
SEI/USDT broke out of a prolonged accumulation range this week, triggering a strong move to the upside. Total open interest surged by 48.3% to $243.51 million, indicating that large traders are aggressively positioning long. This increase was mirrored by a sharp 155% rise in 24-hour trading volume, reaching $436.4 million.
The long/short ratio rose to 1.18, up 22.88%, showing a growing bullish bias across derivatives markets. Meanwhile, $6.09 million worth of liquidations occurred in the last 24 hours, pointing to significant short interest being wiped out. A further $2.33 million in hourly liquidations adds to the case for short covering, helping to fuel the price rally.
The Buy/Sell Pressure Delta, visualized by Alphfractral’s indicator, confirmed a bullish reversal. After months of net sell pressure dominating the market, SEI has now seen sustained positive buy-side flows. This change in pressure typically marks the early stages of trend reversals in altcoins.
The bullish move is backed not just by momentum, but also institutional support. In a recently released IPO filing, Circle disclosed that SEI was the largest token holding on its balance sheet. With 6.25 million SEI valued at $2.47 million, it even surpassed Bitcoin and Ethereum in Circle’s portfolio.
The filing added strong credibility to the token’s growth story and may have served as a catalyst for the recent breakout. Circle’s positioning suggests that smart money views the cryptocurrency as a strategic long-term asset.
Additionally, SEI has been named a finalist in Wyoming’s WYST stablecoin selection process. If selected, it could become a core infrastructure layer for the first state-backed digital currency in the United States. This reinforces its status as a regulatory-compliant and enterprise-ready blockchain platform.
SEI has also emerged as the second most-used EVM-compatible chain by active users, indicating growing adoption. Developers and users are increasingly attracted to SEI’s low-latency design and high-throughput architecture, built specifically for trading applications, NFTs, and DeFi protocols.
The breakout move has also been supported by multiple Alpha Quant long signals, particularly the one around $0.18, just before the recent price acceleration. The confirmation of long signals alongside high-volume inflows typically points to sustainable momentum.
With a 13.19% OI-to-market cap ratio, SEI shows signs of rising speculative interest that often precedes parabolic moves. Funding rates remain slightly negative at -0.07%, indicating that perpetual traders are still cautious — offering further upside potential if sentiment shifts further positive.
