$ETH

- *Price Movement*: Ethereum has reclaimed the $1,800 mark after weeks of trading between $1,500 and $1,700. This price surge is coupled with strong on-chain activity and growing whale interest.

- *Whale Buying*: Two prominent whales have shown strong buying interest in ETH, with one whale withdrawing 5,531 ETH (valued at $9.8M) from Binance and another spending 4.61M USDC to purchase 2,568 ETH at $1,794.

- *ETF Inflows*: ETH ETFs recorded a net inflow of $38.8M on April 22, driven by buying activity from major players like Fidelity and Bitwise.

- *Market Dominance*: Ethereum's market dominance surged by nearly 8% in the last 24 hours, rebounding from an extended period of low performance.

- *Vitalik's Proposal*: Ethereum co-founder Vitalik Buterin recently proposed transitioning from the Ethereum Virtual Machine (EVM) to RISC-V architecture to enhance the network's performance, sparking optimism among investors.

- *Galaxy Digital's Move*: Galaxy Digital swapped $105M worth of ETH for Solana (SOL), reflecting bearish sentiment and market uncertainty.

- *Recent Price Analysis*: ETH is trading above $1,600 and the 100-hourly Simple Moving Average, with a high formed at $1,644 and stable above the 23.6% Fibonacci retracement level ¹ ².