New Wallet Buys 9,486 ETH at $4,720 Avg After Receiving $44.78M USDC from Coinbase Prime — LookIntoChain

COINOTAG reported on September 13 that on-chain analytics provider LookIntoChain detected a newly created wallet receiving 44.78 million USDC from Coinbase Prime, which then purchased 9,486 ETH at an average price of $4,720 within the past hour. The sequence—custodial transfer followed by a large on-chain acquisition—constitutes a notable capital deployment into Ethereum. Data from the monitoring service confirms the transaction details, while no counterparty attribution or trading intent has been independently verified. Market observers relying on on-chain metrics should reference the original COINOTAG and LookIntoChain reports for further verification.