Arbitrum developers have turned down Vitalik Buterin's proposal to implement RISC-V for Ethereum's execution layer. The proposal aimed to separate delivery and ISA proofs, but developers opted against it, maintaining the current system. In other news, an anonymous whale has made a significant move in the Ethereum market by placing a $1.25 billion buy order. This transaction suggests confidence in Ethereum's value at its current price levels. Ethereum is trading near a $2,700 support level, with technical indicators showing a potential rebound. The cryptocurrency faces resistance near its historical high of $5,000, with a target price of $3,300 if buying momentum increases.