I don't think there's anything unusual going on here. Eclipse is a large and complex Java IDE, so it wouldn't be surprising if that application bundle contains thousands of files. SSDs are fast at doing things with lots of little files, but there's still a lot of random R/W overhead involved in copying so many directories and small files. You can't expect the same performance you'd see if copying a single 787MB file.
edit: For anyone not familiar with the concept, macOS applications are stored on disk as "bundles". A bundle is simply a folder whose name has a ".app" extension, and a standardized layout of resources in subdirectories inside that folder. By default, Finder hides the ".app" extension, and presents the bundle as if it's a single file, but you can right click an app and then click "Show Package Contents" in the contextual menu to explore the app bundle's internal file structure.