Bitcoin tracer APP
Functionality of WALLETEXPLORER: Just basic algorithm is used to determine wallet addresses. Addresses are merged together, if they are co-spent in one transaction. So if addresses A and B are co-spent in transaction T1, and addresses B and C are co-spent in transaction T2, all addresses A, B and C will be part of one wallet. Sometimes, address belongs to some service but it was never co-spent with other. Then that address stays unnamed. It is typically more often at addresses with higher amount (as there is no need to co-spending).