diff --git a/cw_bitcoin/lib/electrum_wallet.dart b/cw_bitcoin/lib/electrum_wallet.dart
index 783eb10d7..b899744a6 100644
--- a/cw_bitcoin/lib/electrum_wallet.dart
+++ b/cw_bitcoin/lib/electrum_wallet.dart
@@ -877,7 +877,6 @@ abstract class ElectrumWalletBase
           coin.isFrozen = coinInfo.isFrozen;
           coin.isSending = coinInfo.isSending;
           coin.note = coinInfo.note;
-          coin.bitcoinAddressRecord.balance += coinInfo.value;
         } else {
           _addCoinInfo(coin);
         }