A record $1.2 trillion trade surplus is quietly reshaping global capital flows. Here's what's happening behind the scenes: massive FX repatriation hitting historic levels means serious money is moving, and when you've got that kind of scale, it doesn't just vanish. The spillover effects ripple through everything—traditional markets first, but crypto? The asset class often catches overflow capital when central bank policies and currency dynamics shift. This isn't speculation; it's about understanding how macro-level trade imbalances create pressure points in the system. Some traders are already watching for patterns—historically, when you see this magnitude of surplus and repatriation activity, capital allocation strategies shift. Whether it flows into bonds, equities, or alternative assets depends on yield curves and regulatory tailwinds. Either way, it's a reminder that crypto doesn't exist in a vacuum. Global financial currents matter, and right now they're moving in ways worth paying attention to.