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.