Massive Dollar Outflow Reported from Iranian Crypto Exchanges Following US-Israel Military Actions

A report has surfaced indicating a massive outflow of dollars from cryptocurrency exchanges in Iran following the recent military actions taken by the United States and Israel against the country.  

According to blockchain analytics firm Elliptic and others, digital assets worth approximately $10.3 million were withdrawn from Iranian exchanges between Saturday and Monday alone.  

The outflow of funds saw significant acceleration within hours of the attacks commencing. The British research firm Elliptic noted that fund withdrawals from Nobitex, Iran's largest crypto exchange, increased eightfold compared to the previous day.  

Analysts interpret this as either the general public seeking to secure their assets due to rising war risk or a sign of capital flight. It is also speculated that such figures might appear when exchanges attempt to manage their liquidity for security reasons in some instances.  

The use of digital currency has recently surged in Iran amidst economic sanctions and geopolitical instability. It is estimated that crypto trading volume in the country reached between $8 billion and $11 billion in 2025 alone.  

Reuters reported that such a large volume of money leaving the country clarifies the role of digital assets during times of war and crisis.