XRP’s recovery is entering a high-stakes test after a reported $206.6M whale transfer. The token remains above $1.30, but heavy supply near resistance could decide whether the rally extends.

• XRP climbed from roughly $1.00 to $1.42, gaining about 42%.
• Bybit’s 30-day XRP OI reading swung from 61M to -37.5M XRP, a 98.5M turnaround.
• A close above $1.49 targets $1.55; losing $1.30 weakens the setup.

LaunchBar’s read: this looks more spot-driven than leverage-fueled, a healthier signal—but whales are testing buyer depth. Traders should watch exchange flows and the $1.49 breakout before chasing.