Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss they are almost the same or what? What dou you think?
Whales aren't financial institutions but they're like just us that are individual players on this market. While the banks are financial institutions and they've got a lot of source aside from the deposits that they get from their customers for which will be used for loaning.
As the whales, we don't really know what they do in real life. They could also be the banks, another financial institution but we'll never know who they really are.
From what we've known, they're just the typical big investors that do manipulate and influence the market and what they do isn't different from what we do of buying low and selling high.
There's difference as we don't know exactly the identity of the whales. We are just speculating on who they are.
Also, as mentioned, they seem to be moving on their own as individual players. So we can't determine where they are heading next.
Which means, they don't have concrete path to go to, their movement is more fluid as it depends on the market scenario.
Whereas, banking institutions have their own target before they get into this market as the decision is not only handle by one person but a group of individuals.
Hence, the time of getting decision is not the same with whales. They can't decide on their own as they have others to think about.
Knowing the identity of who we are trusting our money in is really vital. Hence, why banks makes sure to develop a great relationship from their clients to collect feedbacks that strengthens their image to develop a more prestigious title and reputation against their competitors.