Whales Avoiding Fiat-Collateral Stables Lately. Why?

Silent Symphony

Well-known member
Tracking USDC, USDT, and even newer fiat-collateral stables—and I’m noticing a shift: whale wallets are reducing exposure and rotating into either crypto-collateral stables or plain ETH.


Might be regulatory FUD. Might be pre-emptive de-risking ahead of a liquidity squeeze.


But the flow is clear: less trust in fiat backing, more interest in what can’t be frozen.


Anyone else tracking this trend? Or know of a stable that’s fiat-collateralized but has been seeing increasing whale inflow? (if that unicorn exists)


Would love more datapoints before I rotate.
 
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