SEI crypto hits 5-month high, but this 10% dip could signal trouble – Why

Will the whales re-enter and continue to push SEI higher? Assessing…

SEI Spot Average Order Size showed heavy whale dominance through June.

Positive Net Inflows suggest profit-taking pressure could pull SEI toward $0.29 in the near term.

Sei [SEI] surged nearly 70% from the 22nd to the 25th of June, breaking past its 5-month high at $0.336.

On the 25th of June, the altcoin closed at $0.2803 after hitting an intraday high of $0.3341. However, the rally began losing steam on the 26th, with SEI trading at $0.2762, down 10.41% over 24 hours, at press time.

This reversal comes amid a fascinating shift in whale behavior and market positioning.