The price of SEI has rallied 15% in recent trading sessions, pushing the token toward the $0.08 resistance level. The move comes alongside a sharp uptick in whale activity and a surge in trading volume — signs that larger market participants are taking positions.
Whale activity rises
Data from on-chain trackers shows that addresses holding significant amounts of SEI have been increasingly active over the past 24 hours. These large holders — often called whales — moved tokens in patterns that typically precede price swings. The exact number of whales involved wasn't disclosed, but the uptick in large transactions marks a clear shift from the quieter trading seen earlier this week.
Volume surge backs the breakout attempt
SEI's trading volume has also spiked, climbing well above the daily average. Higher volume during a price increase often confirms that the move has real buying pressure behind it, rather than being driven by a few small trades. The surge in volume suggests that both retail and institutional interest is growing, though the data does not break down the source of the orders.
Resistance at $0.08 in focus
The token is now testing the $0.08 mark, a level that has acted as a ceiling in previous trading sessions. If SEI can push through, it would mark a new high for the recent rally. If it fails, the price could pull back toward lower support levels. Traders are watching closely to see whether the whale-driven volume can sustain the momentum needed for a clean break.
The broader market backdrop remains mixed, with many altcoins struggling to hold gains. SEI's relative strength stands out, but the resistance at $0.08 will likely determine whether the rally has legs or fizzles out.
