Whale Buys $44.78M in Ethereum After Huge USDC Transfer

A new wallet spent $44.78M USDC from Coinbase Prime to buy 9,486 ETH at $4,720 each in just one hour.

Ava NakamuraSeptember 13, 2025 - 1:30 PM

Ethereum

A fresh wallet received $44.78M USDC from Coinbase Prime
It purchased 9,486 ETH at an average price of $4,720
The move suggests growing whale interest in Ethereum

In a striking crypto move, a newly created wallet received $44.78 million worth of USDC from Coinbase Prime and immediately used the funds to buy 9,486 Ethereum (ETH). The average purchase price for each ETH was around $4,720, and this entire transaction happened within just one hour.

This large-scale purchase has sparked discussions across the crypto community. With Ethereum continuing to gain momentum in the market, whale activity like this could signal increased confidence in its near-term potential.

What This Means for Ethereum’s Market

Such a rapid and significant purchase hints at bullish sentiment from institutional or high-net-worth investors. The use of Coinbase Prime, a platform tailored for professional trading, supports this theory.

Large wallet activities often influence market trends, and this $44.78M buy-in may serve as a bullish signal, encouraging smaller investors to follow suit. Ethereum’s price action in the coming days could reflect the impact of this whale’s confidence.

Moreover, making such a move at a price as high as $4,720 shows strong conviction. It’s not just a bet on Ethereum’s price rising further—it’s also a reflection of long-term belief in Ethereum’s utility, especially with increasing adoption in DeFi, NFTs, and enterprise applications.

A newly created wallet received 44.78M $USDC from #CoinbasePrime and bought 9,486 $ETH($44.78M) at an average price of $4,720 over the past hour.https://t.co/IWrYozJIl9 pic.twitter.com/8yUcMTo0KN
— Lookonchain (@lookonchain) September 13, 2025

Are Whales Preparing for Something Bigger?

Some analysts believe this whale move might be in anticipation of Ethereum ETF approvals, Layer 2 growth, or even macroeconomic shifts favoring crypto assets. Whatever the motive, one thing is clear—whales are watching Ethereum closely, and they’re not afraid to make big moves.

If this trend continues, we may see more significant inflows into Ethereum in the near future, possibly pushing its price to new highs.

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