According to the report by Chainalysis, published on February 19, 2025, cryptocurrency exchange platforms in Iran recorded a 70% increase in outflows in 2024 compared to the previous year. This led to a capital flight of $4.2 billion in one year.

Increasingly suspicious of their government, Iranians are buying more and more cryptocurrencies. Bitcoin seems to be the preferred choice of Iranians. Compared to 2023, capital leakage from Iran into cryptocurrencies has increased by 70%. The Iranians are trying to protect their capital from their government. Since 2022, anti-regime protests have only gotten worse. The distrust of the government is very high. Recent events in the Middle East have weakened Iran’s position. Indeed, Iran’s allies have fallen one after another. Hamas, Hezbollah and the government of Bashar al-Assad are destroyed or very weakened. Iran is therefore extremely isolated on the international stage.

So the Iranians may be anticipating a regime collapse or at least a complex economic situation. It is difficult to know exactly. It is very likely that this movement will accelerate during the year 2025.