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This cluster is a combination of several entities that are incorrectly clustered together, this includes for example. - Part of MtGox (in the past you could add your own private keys to your MtGox wallet) - Blue Wallet (their custodial part) - FreeBitco.in - Parts of Wasabi coinjoins and Whirlpool of Samourai - Ordinals - And possibly more... This happened because, like most blockchain analysis tools, Bithypha clusters addresses together if they are spent together in a transaction (common spend heuristic). For most cases, this works fine, and is the safest way to cluster. But in the case of CoinJoins or other situations where different entities create a transaction together, this, of course, doesn't work. This, in turn, causes this massive cluster to appear. Which interestingly happens in many blockchain analysis tools. In the future, we at Bithypha will do our best to de-cluster this cluster with better clustering heuristics. But for now, it might be a good way to see how most tools interpret these transactions and have merged them together.
This cluster is a combination of several entities that are incorrectly clustered together, this includes for example. - Part of MtGox (in the past you could add your own private keys to your MtGox wallet) - Blue Wallet (their custodial part) - FreeBitco.in - Parts of Wasabi coinjoins and Whirlpool of Samourai - Ordinals - And possibly more... This happened because, like most blockchain analysis tools, Bithypha clusters addresses together if they are spent together in a transaction (common spend heuristic). For most cases, this works fine, and is the safest way to cluster. But in the case of ...