What has the big money been doing for the past few years?

Corporation Cash reserves:

Berkshire Hathaway: $325B (record cash)

Alphabet: $101B

Amazon: $74B

Microsoft: $78B

Apple: $61B

Meta: $58B

Tesla: $34B

Nvidia: $34B

On top of this, the execs of these corporations have gradually been selling their shares over the past 2 years.

Call me crazy, but I think this is painting quite the picture, but retail seems to largely be ignoring this.

I would be (and have been) stacking fiat.