One of the most underappreciated aspects of crypto is that you get real-time institutional-grade data, all for free. On Wall Street, moats are made out of paywalls and delay. To track TradFi flow, you need: – Bloomberg Terminal ($30K/year) – CapIQ, FactSet, Pitchbook ($10K–25K/year each) – A patchwork of gated data vendors – Filings with 30–90 day lag – Hidden dark pool and PFOF routing To track crypto flow, you just need a browser: – Live liquidation heatmaps – Real-time whale trades and position sizes – Wallet-to-wallet flows, token by token – Onchain leaderboards and full account PnL