3.67M wallets holding tokenized #RWA now. ATH.

But monthly transfer volume just dropped 50%. Classic accumulation phase.

Tokenized stock holders +159% in 30 days. Market cap hit $3.1B ATH.

DTCC + $BUIDL (BlackRock), Goldman, JPM potentially live in October.

Smart money isn't trading. They're stacking. Volume dries up before the next leg. If TradFi rails flip on, this isn't a narrative play anymore—it's infrastructure.