Does it also mean that if i have balances on an spv wallet,it is mine?

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Yep, in an SPV (Simplified Payment Verification) wallet, if you see a balance, it's yours.

Your wallet checks transactions against the network to make sure they're legit without needing the whole blockchain.

Keep your keys secure and that digital gold is all yours! πŸ”‘πŸ’ΌπŸ“²

And where exactly would i find/see those balances?At mempool or bitcoin/block explorers?