Iran Bitcoin Outflows Surge After US-Israel Airstrikes, On-Chain Data Shows

Following U.S.-Israeli airstrikes in Tehran, Iranian citizens moved $10.3 million worth of bitcoin off exchanges as they sought to preserve wealth amid financial instability. The on-chain data reveals a surge in crypto activity as Iranians turned to bitcoin during geopolitical tensions.

• →$10.3 million in bitcoin flowed out of exchanges following the U.S.-Israeli airstrikes in Tehran.
• →Iranian citizens are using bitcoin as a store of value amid financial collapse and geopolitical tensions.
• →On-chain data shows a clear correlation between military strikes and increased crypto activity in Iran.
• →The outflows represent Iranians moving funds to self-custody rather than selling bitcoin.
• →Geopolitical events continue to drive cryptocurrency adoption in sanctioned countries.