I just looked at the data from Coinglass, and it's quite interesting.

In the past hour, a major exchange had a net inflow of over 31,097,400 USDT. The exact number is 31,097,400.

Such a large amount of stablecoins flowing in within an hour is unusual. Generally speaking, there are two possible scenarios behind this level of inflow:

**First: Large Funds Are Preparing to Act**

USDT entering the market essentially means preparing ammunition. When is the ammunition replenished most aggressively? Of course, when preparing to open positions.

Recently, the price trend of certain platform tokens has been quite good, and market attention is focused there. If asked whether this influx of funds is aimed at those tokens—based on past experience, the probability is quite high. After all, large funds prefer to directly operate their own platform tokens within exchanges; USDT enters first to build positions, which is a typical pattern.

**Second: Possible Fund Reallocation Before Multi-Asset Linkage**

Of course, the inflow of money probably isn’t targeting just one asset. It could be:
- New funds just entering and not yet decided how to allocate
- Market makers adjusting their holdings
- Or pre-emptively positioning for a macro event( such as the FOMC meeting)

But who is most likely to benefit? Platform tokens are probably the top contenders, no doubt.

Simply put: over 30 million USD flowing in within an hour is clearly not retail investor behavior. Large funds are moving, and the most prominent coin is indeed most likely to be the target.