A change in the use of digital money in Iran became apparent shortly after news of the bombings in Tehran spread.

Reports showed a surge in Bitcoin withdrawals from Iran’s largest exchange, Nobitex, matching the public news of the airstrikes.

Recent analysis of blockchain data indicates a significant increase in outflows, surging approximately 700% over a brief period, a notable deviation from typical daily patterns.

US blockchain analytics firm Chainalysis stated that in the hour following the strikes began, funds leaving Iranian crypto exchanges rose dramatically, reaching over $2 million.

According to Chainalysis, a total of $10.3 million in cryptocurrency was withdrawn from Iranian exchanges between Saturday and Monday.

According…