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