1 week ago

U.S.-Israel Strikes Stall Iran’s Crypto Market; On-Chain Data Shows No Panic Exit

TLDR: Internet shutdowns cut Iran’s crypto market access, driving lower volume without triggering abnormal capital outflows. Nobitex wallet transfers matched routine liquidity management, not evidence of exchange users fleeing crypto holdings. The USDT–toman trading halt slowed price discovery and exposed thin liquidity after markets reopened. On-chain trends show compression of flows and fragmented transfers under [...]

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Source: Blockonomi →