Whales are the one who have the power to control the money in the market. One move from them can either pump or dump the coins. That's how powerful a whale is in the economy. But I know for sure, all our project can't go in vain.
You can say as a trading player who has a lot of capital. that is in my knowledge, may be different from the assumptions of others. I think the whales are just a name for many bitcoin owners and control some of the price in bitcoin
Trader is any person with some capital. Whales are not necessary Bitcoin owners, whales are people with huge capital, so huge to hold a very
big part of the market. With so huge capital they affect supply/demand. There are a lot of whales with different agendas, they are enemies to
each other.
They do not control money in the market. With one part of the market and with good news spinning they can create huge demand and interest,
or to create panic. Either way with their capital, I believe they need to have Bitcoin`s and fiat, they create top`s and bottom`s, and in trading
who knows where is the top and where is the bottom is the one who is making a lot of profit, in Bitcoin`s and fiat.