Top Counterparties
The Top Counterparties list shows the addresses that received the most transactions during the trace. It appears in the Flow Paths Tab.
What a Counterparty Is
A counterparty is any address that received funds from the traced wallet during the trace. The list ranks addresses by the number of incoming transactions they received across all traced paths — not by total value.
Addresses that appear repeatedly across many paths tend to be high-volume destinations: exchange deposit wallets, bridge contracts, relay addresses, or known platforms.
What the List Shows
Up to 5 counterparties are shown. Each entry includes:
- Address — truncated wallet address, with a label if one is known
- Node color — indicates the address type (wallet, exchange, bridge, mixer)
- Transaction count — how many times this address received funds in the trace
- Token breakdown — the top two token types and amounts received, with additional tokens shown in a tooltip
Jumping to a Node
Click any counterparty entry to highlight that address on the Bubble Map. The Map Tab becomes active and the corresponding node is selected.
How to Interpret Counterparty Data
A high transaction count means this address appeared frequently across the traced paths. This is investigative context — frequency alone is not evidence of wrongdoing. An address that receives many transactions may be a high-volume service, an exchange hot wallet, or a relay node.
Use the counterparties list alongside Terminal Reasons and Flow Analysis for a more complete picture.