Foresight News reports that according to blockchain analytics firm Elliptic, within minutes of the U.S. and Israel launching airstrikes on Tehran last weekend, the outflow of funds from Iran’s largest cryptocurrency exchange Nobitex surged by 700%. Elliptic noted that trading volume nearly immediately spiked after the airstrikes, indicating that funds were accelerating to flow to overseas exchanges, which could suggest capital flight bypassing traditional banking systems.
Nobitex handled $7.2 billion in cryptocurrency transactions in 2025 and has over 11 million users. Elliptic previously linked the exchange to financial activities associated with Iran’s Islamic Revolutionary Guard Corps (IRGC). The report also mentioned that during the anti-regime protests and subsequent internet shutdown in Iran on January 9 this year, a similar peak in fund outflows occurred.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Geopolitical Fears Drive Crypto Community Chatter to a New Peak
_WW3 mentions surge to 2025 highs, driving sharp Bitcoin volatility before a rapid rebound above $69K._
Rising geopolitical tensions have spilled into crypto markets once again. Online discussions about a potential “World War 3” have surged to levels last seen in mid-2025. Price swings
LiveBTCNews1h ago
Trump issues a challenge! Does not rule out ground troops attacking Iran, stating: "I don't care about the polls."
President Trump emphasized in an interview that the "Divine Fury Operation" against Iran has progressed rapidly, killing 49 high-ranking officials on the first day. He stated that he does not rule out deploying ground troops if necessary and said he doesn't care about polls, firmly believing that he represents the "silent majority." Trump warned that Iran obtaining nuclear weapons again would lead to catastrophic consequences.
動區BlockTempo2h ago
BTC 15-minute increase of 1.41%: Geopolitical easing and institutional accumulation resonate to drive the rebound
From 15:30 to 15:45 on March 2, 2026 (UTC), Bitcoin (BTC) experienced a significant rebound in the short term, with a return of +1.41%. The trading range was between 68,433.0 and 69,535.2 USDT, with an amplitude of 1.61%. During the abnormality window, market attention increased significantly, volatility intensified, and short-term capital flow became active.
The main driving force behind this anomaly is the easing of geopolitical tensions combined with a return to risk appetite, leading some funds to re-enter the cryptocurrency sector. At the same time, institutional holdings continued to increase, and spot ETF capital flows...
GateNews2h ago
Breaking News》Trump will deliver a speech focusing on Iran at midnight tonight! Bitcoin responds by jumping above $67,000, Ethereum surges to $1980
President Trump will deliver a speech on Iran on March 2nd, expected to update on the progress of the US-Israel joint military operations and warn against Iranian influence. The speech has triggered market volatility, with Bitcoin and Ethereum prices rising.
動區BlockTempo3h ago
Iranian cryptocurrency exchange Nobitex experiences a 700% surge in fund outflows! After U.S. airstrikes, crypto becomes a "fund escape route"
After the U.S. military airstrikes on Iran, Iran's largest cryptocurrency trading platform Nobitex experienced a sudden surge of 700% in fund outflows, indicating that cryptocurrencies have become a rapid transfer channel for funds. Against the backdrop of escalating geopolitical risks, some funds are choosing to evade sanctions. Although blockchain transparency allows for tracking of fund flows, it still raises concerns about their intended use.
動區BlockTempo3h ago
On-chain tracking of Polymarket's Khamenei market insider: 521 addresses precisely lurking, with a few entities targeting with precision
Author: Frank, PANews
In the early morning of February 28, 2026, the global geopolitical landscape was shaken as the Iran-U.S. conflict reignited. This black swan event that altered the geopolitical pattern triggered intense chain reactions in the physical world, and similarly caused a chaotic capital vortex in the digital realm.
On the decentralized prediction market Polymarket, a contract titled “Will Khamenei step down as Iran’s Supreme Leader before February 28?” has accumulated a trading volume of $81.63 million. As the news of the physical world’s death was gradually confirmed, the settlement of this massive smart contract faced severe paralysis and controversy. Both Yes proposals were rejected twice, and the market was forced into the final arbitration stage of the UMA oracle. This dispute once again sparked reflections on the judgment of prediction markets, and multiple addresses were exposed, suspected of being insider addresses that seized over $1 million in profits.
PANews4h ago
