XRP Whales Fuel Rebound Above $1.40 as Liquidity Surges

Ripple's XRP rebounded above $1.40 on Wednesday as whales continued to accumulate, reversing three consecutive days of declines. The token's upside appears capped at $1.50, while extended gains would face resistance at $1.70.

The rally was fueled by increased liquidity and higher demand through spot Exchange-Traded Funds (ETFs) and derivatives, which reinforced expectations of easier financial conditions and revived demand for risk assets.

XRP whales increased their accumulation to approximately 460 million XRP, the highest since February, while spot ETF inflows surged to $28 million on Wednesday, up from $24 million the previous day.