Ether whale dumps $41M days before the market crashed

On Aug. 18, the crypto whale deposited 22,341 ETH to the Binance exchange and withdrew around $41 million in Tether (USDT). Source: EtherscanWhile the crypto whale lost around $1.7 million in value, the trader managed to avoid further possible losses that might have gone up to more than $5 million when the market rates dropped. Ether, the second-largest crypto by market capitalization, dropped from around $1,820 per token on Aug. 17 to about $1,597 the next day.