How does a bitcoin wallet know all my UTXOs?

 

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I am wondering.
When I open a bitcoin wallet such as ledger live, it gives me the total amount of my unspent UTXOs (my total bitcoin balance).
How does a wallet know all the UTXOs that belongs to my private key?

Since a PK can generate millions of addresses, seems strange that ledger live generates all the possibile addresses from my pk, then checking the balance of each address.

submitted by /u/neo69654
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247 Bitcoin

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