Addendum: OP originally stated the post as looking at the equality
$$|\vec a \cdot \vec b| = |\vec a^T \vec b|$$
After my post, they sought a geometric reasoning in the comments for the correct claim, which is found here on MSE.
The equality claimed is not true in general. Both cross products and dot products can be framed in terms of an angle $\theta$ between them, and, in the case of the cross product, a unit normal vector $\mathbf{\hat{n}}$ for the plane spanned by the two (with direction determined via the right-hand rule):
$$\newcommand{\n}[1]{\left\| #1 \right\|}
\newcommand{\abs}[1]{\left| #1 \right|}
\newcommand{\vect}[1]{\mathbf{\vec{#1}}}
\begin{align*}
\vect x \cdot \vect y &= \n{x} \cdot \n{y} \cdot \cos \theta \\
\vect x \times \vect y &= \Big( \n{x} \cdot \n{y} \cdot \sin \theta \Big) \mathbf{\hat{n}}
\end{align*}$$
Clearly, these are not equal in magnitude unless $\sin \theta = \cos \theta$.
My best guess is that what is meant to be referred to is not $\vect x\,^{\mathsf{T}} \times \vect y$ (a cross product) but instead $\vect x\,^{\mathsf{T}} \vect y$, the usual product of matrices in general. We have the general equality, for $\vect x,\vect y$ vectors of the same dimension,
$$\vect x\,^{\mathsf{T}} \vect y = \vect x \cdot \vect y$$
which some take as the definition of the dot product.