Crypto market cap drops 22%, significant inflows to exchanges

The total crypto market cap has dropped 22% in the past month, from 4.32T to 3.38T. Meanwhile, during the same period, Binance saw inflows of $3.016 billion, and Bitget received $1.683 billion. What do you guys think about all this money flowing into exchanges? ------------------------------------------------------------ Market cap data source: https://(coinmarketcap.com)/zh/charts CEX inflow data source: https://(defillama.com)/cexs