correct

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Aren’t the addresses needed to fetch the utxo balance?

How else does Cove know which balances to fetch?

Ah, I better understand now, your addresses are doxed unless you use a private node. Your IP is doxed no matter what for price discovery (which is reasonable).

Yup that’s right, going to work on privacy options other than connecting to a private node, but for now that’s correct.