TRM Labs states that after the U.S. and Israel launched a military strike on Iran on February 28, Iran's crypto trading volume declined by approximately 80% from February 27 to March 1, mainly due to internet restrictions. However, domestic exchanges remain in a "risk-controlled" operational state, with no systemic collapse. TRM believes that current on-chain fund flows are still within normal fluctuation ranges and warns against prematurely concluding that a large-scale capital outflow has occurred. Previously, Elliptic reported that Nobitex's fund outflows surged by 700% to nearly $3 million. (The Block)