Iranian Exchange Outflows Spiked to $10.3M Amid Airstrikes: Chainalysis

By Vismaya V · Published March 3, 2026 · 1 min read · Source: Decrypt

Iranian crypto exchanges saw a sharp burst of on-chain activity in the hours following joint US-Israeli airstrikes on February 28, with roughly $10.3 million in cryptoasset outflows recorded between February 28 and March 2, according to a new report from blockchain analytics firm Chainalysis.

Hourly outflows from major Iranian platforms climbed sharply once news of the strikes broke, approaching or exceeding $2 million within several hours, well above typical volumes for that time frame, according to the report.

Here's what 🇮🇷 Iran’s post‑airstrike crypto spike can, and can’t, tell us.

🔹 On-chain data shows a sharp increase in activity from major Iranian exchanges in the hours following the Feb 28 US-Israeli airstrikes, with roughly $10.3M in cryptoasset outflows between Feb 28 and… pic.twitter.com/2tA6GDvhnz

— Chainalysis (@chainalysis) March 3, 2026

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