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The wealthy centrist Dems believe they're in an excellent position to foist an even bigger turd on the party (I've seen Joe Manchin and Michael Bloomberg and - of fucking course - Hillary Clinton floated as "moderate" replacements to Far-Left Super Radical Joe Biden).
The younger and less influential (although hardly anti-wealthy - AOC is a prodigious fundraiser who represents one of the richest districts in the nation) politicians who have already stacked up political favors with the incumbent don't want to see him casually replaced by an even more obnoxious neoliberal.
That doesn't make Biden a strong choice. It doesn't even make him an "anti-wealthy" choice (Biden was fully on board with the Wall Street bailouts under Bush and the Silicon Valley bailouts during his own term). It just makes him the "safe" choice for the AOC-aligned caucus, relative to an even more nakedly corporate convention insider pick.