What is wallet relationship analysis?
Wallet relationship analysis looks for observable on-chain evidence connecting two or more addresses. Examples can include direct transfers, recurring transaction context, shared funding patterns or other network-specific interactions.
The important part is not merely detecting a connection; it is describing exactly what kind of connection was observed.
A relationship is not the same as common ownership
Two wallets can interact for many reasons: trading, payments, liquidity operations, contract execution, exchange withdrawals, treasury operations or simple transfers between unrelated parties. A direct edge in a graph therefore does not prove common control.
Relationship signals worth separating
| Signal | What it can show | What it does not prove |
|---|---|---|
| Direct transfer | Value moved between two addresses | Common ownership or intent |
| Transaction co-occurrence | Addresses appeared in related transaction context | That they are the same entity |
| Shared funding source | Addresses received funds from a common source | That the source controls them |
| Recurring pattern | A repeated observable relationship | Malicious coordination |
Why evidence graphs are useful
A graph can make a complex set of relationships easier to inspect, but the visual itself must not imply more certainty than the underlying evidence. Edge types, confidence and coverage are therefore more important than drawing many lines.