XRP Rebounds 5% on Whale Activity and Bitcoin Strength Despite Weak ETF Demand

XRP has recorded a 5% price increase, largely driven by Bitcoin's overall market strength and renewed institutional interest. Recent data highlights significant whale buying activity and institutional flows, providing a necessary floor for the asset's price. This recovery follows a period where open interest hit a two-week high amid bearish bets and concerns over a 'fake pump.' Despite the current bounce, the conviction of the rally remains capped by weak demand for XRP exchange-traded funds (ETFs). While spot buying volume previously reached $520 million, technical resistance levels continue to challenge a full structural trend reversal. Investors are now closely watching if this whale-led momentum can overcome the broader market's cautious sentiment and technical hurdles in the derivatives segment.