Money-market fund assets just posted their first decline in 8 weeks. This pullback signals something worth watching—it typically suggests investors are rotating out of ultra-safe positions, possibly repositioning into higher-yield assets or taking on more risk. In the current cycle, shifts in traditional money-market flows often precede moves in the broader market sentiment, including crypto markets. The data points to tighter liquidity conditions or changing expectations around rates and returns. Traders keeping tabs on macro trends should note this as a potential inflection point.