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Naga Avan-Nomayo

Chainalysis: Iran's crypto flows exceed $7.78B in 2025 as IRGC share rises and BTC exits spike during protests

Blockchain analytics firm Chainalysis reported that Iran's crypto ecosystem surpassed $7.78 billion in 2025, with activity clustering around major domestic and geopolitical events and an increasing share linked to the IRGC. The study also found that IRGC-associated wallets made up about half of the value received by Iranian addresses in Q4 2025, while bitcoin withdrawals to personal wallets surged during mass protests, suggesting a possible move toward perceived safety amid unrest.
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