Crypto Outflows Spike After Airstrikes
Following the U.S.-Israeli airstrikes, Iranian crypto platforms saw an abrupt surge in fund withdrawals. According to analytics firm Elliptic, exchange outflows jumped over 700% within minutes after the initial attacks.
New Channels for Capital Flight Emerge
Data reveals part of the funds quickly moved to offshore crypto exchanges. Elliptic suggests this pattern may indicate a new method for capital to bypass traditional banking oversight and leave the country.
Internet Shutdown Curbs Outflow Momentum
However, a widespread internet disruption soon followed, dramatically slowing fund movements. TRM Labs reported network connectivity in Iran dropped by nearly 99%, severely limiting further cross-border transfers.
- Crypto withdrawals spike after military strikes
- Fund movements suggest capital flight patterns
- Internet control disrupts crypto transfers