IRAN’S CRYPTO SURGE SPIKES AMID WAR
Iran’s $7.8B crypto market is drawing renewed attention as conflict drives a surge in activity.
Data from Chainalysis and Elliptic show sharp outflows from Iranian exchanges after airstrikes—up to 873% above normal—suggesting users and entities are moving funds for security or to bypass sanctions.
Crypto is increasingly used in Iran as both a financial lifeline for citizens and a tool for the state amid inflation, currency decline, and ongoing geopolitical tensions.

This is just not true, they don't have Internet and exchanges have basically stopped all withdrawals since war broke out. A lot of the funds they are tracking are internal wallet balances shifts or Telegram movements which appears automated
Iranian cryptocurrency exchange Nobitex hasn't processed any outbound transactions on their Ethereum addresses in 2 days; TON transactions are going through, but I suspect this is botted activity
Fun fact: The largest assets they hold on platform, by far, is DOGE


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