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Crypto outflows spike 700% on largest Iranian exchange following US-Israeli attack on Saturday: Elliptic
๐คAI Summary
Crypto outflows on Nobitex, Iran's largest cryptocurrency exchange, surged 700% following a US-Israeli attack on Saturday. The exchange, which processed approximately $7.2 billion in transactions in 2025, experienced massive capital flight amid geopolitical tensions.
Key Takeaways
- โNobitex experienced a 700% spike in cryptocurrency outflows following the US-Israeli attack on Saturday.
- โNobitex is Iran's largest cryptocurrency exchange, processing about $7.2 billion in transactions in 2025.
- โThe massive outflows indicate Iranian investors are moving crypto assets amid escalating geopolitical tensions.
- โGeopolitical events continue to drive significant capital movements in cryptocurrency markets.
- โIranian crypto users appear to be seeking safer havens for their digital assets during the crisis.
Read Original โvia The Block
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