ETH’s technical setup aligns with 2021 and 2024 altseason patterns. Glassnode data reveals clustered ETH…

SEI Blockchain Breaks Out: Whales Fuel Altcoin Surge
The cryptocurrency market is buzzing as SEI, a high-performance Layer 1 blockchain, breaks out of its accumulation zone, signaling a potential altcoin rally. According to a recent post by Alphractal on X,
SEI has experienced a remarkable 48.3% surge in Open Interest and a staggering 155% increase in exchange volume within the last 24 hours, pointing to aggressive whale activity. This movement aligns with insights from Investopedia, which notes that crypto whales—holders of significant token amounts—can drive market volatility and trend shifts, often marking the start of strong upward trajectories.
SEI, designed for trading-focused applications with a lightning-fast 400 ms block finality, outperforms many competitors like Ethereum, as highlighted in a 2023 Journal of Blockchain Research study. This sub-second finality enhances DeFi efficiency by 30%, making SEI a prime choice for developers in gaming, NFTs, and decentralized finance.
The breakout is further supported by Alphractal’s Alpha Signals, a data-driven trading strategy outlined on AlphaSignals.net in 2024. These signals, derived from buy/sell pressure deltas and technical indicators, suggest systematic market maker involvement, challenging the notion of random altcoin pumps.
The accompanying charts reveal a clear reversal pattern, with multiple buy signals flashing green, offering an excellent accumulation window for investors. As smart money positions itself, this could herald a broader altcoin season. However, with a funding rate of -0.07% and a 13.19% open interest ratio, traders should remain cautious of potential short-term corrections.
For real-time updates, Alphractal’s Telegram channels provide deeper analyses and trading signals. As the market evolves, SEI’s scalability and whale-driven momentum position it as a blockchain to watch in 2025. Will this breakout sustain, or is it a fleeting spike? Only time—and data—will tell.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.