🚨 JUST IN: Monthly exchange flows just surged to $10.9B, the highest level since May 2021.

That period marked a major market transition — not a quiet continuation.

→ Big move in capital

→ Elevated transfer activity

→ Historically precedes volatility, not sideways action

When flows spike like this, the market is usually preparing for a directional shift.

The only question now is which way first.