Circle Sends More Than $4 Billion in USDC to Coinbase-Related Address, Setting Single-Transfer Record

News Editor

2026-06-12 09:50:07

Arkham monitoring shows that Circle transferred about $4.397 billion in USDC on the HyperEVM network to a Coinbase-related address, marking the largest single USDC on-chain transfer recorded to date.

CircleCoinbaseUSDCArkhamHyperEVMWhale Movement

According to monitoring by Arkham, Circle transferred approximately $4.397 billion worth of USDC on the HyperEVM network to an address related to Coinbase. The transaction is described as the largest single USDC on-chain transfer recorded so far, with the amount exceeding $4 billion.

USDC is a widely used U.S. dollar stablecoin in the crypto market, and large on-chain transfers are commonly tracked by blockchain data platforms. The key details in this record are the entities involved — Circle and a Coinbase-related address — the HyperEVM network, and the scale of the single USDC transfer.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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