diff --git a/apps/explorer/lib/explorer/chain/import/runner/address/current_token_balances.ex b/apps/explorer/lib/explorer/chain/import/runner/address/current_token_balances.ex
index 1af76ea9b8..737a224268 100644
--- a/apps/explorer/lib/explorer/chain/import/runner/address/current_token_balances.ex
+++ b/apps/explorer/lib/explorer/chain/import/runner/address/current_token_balances.ex
@@ -63,7 +63,7 @@ defmodule Explorer.Chain.Import.Runner.Address.CurrentTokenBalances do
     {:ok, _} =
       Import.insert_changes_list(
         repo,
-        unique_token_balances(changes_list),
+        changes_list,
         conflict_target: ~w(address_hash token_contract_address_hash)a,
         on_conflict: on_conflict,
         for: CurrentTokenBalance,
@@ -73,17 +73,6 @@ defmodule Explorer.Chain.Import.Runner.Address.CurrentTokenBalances do
       )
   end
 
-  # Remove duplicated token balances based on `{address_hash, token_hash}` considering the last block
-  # to avoid `cardinality_violation` error in Postgres. This error happens when there are duplicated
-  # rows being inserted.
-  defp unique_token_balances(changes_list) do
-    changes_list
-    |> Enum.sort(&(&1.block_number > &2.block_number))
-    |> Enum.uniq_by(fn %{address_hash: address_hash, token_contract_address_hash: token_hash} ->
-      {address_hash, token_hash}
-    end)
-  end
-
   defp default_on_conflict do
     from(
       current_token_balance in CurrentTokenBalance,
diff --git a/apps/explorer/test/explorer/chain/import/runner/address/current_token_balances_test.exs b/apps/explorer/test/explorer/chain/import/runner/address/current_token_balances_test.exs
index ad49a64261..13de1c3ada 100644
--- a/apps/explorer/test/explorer/chain/import/runner/address/current_token_balances_test.exs
+++ b/apps/explorer/test/explorer/chain/import/runner/address/current_token_balances_test.exs
@@ -63,33 +63,5 @@ defmodule Explorer.Chain.Import.Runner.Address.CurrentTokenBalancesTest do
       assert current_token_balance.block_number == 2
       assert current_token_balance.value == Decimal.new(200)
     end
-
-    test "considers the last block when there are duplicated params", %{
-      address: address,
-      token: token,
-      insert_options: insert_options
-    } do
-      changes = [
-        %{
-          address_hash: address.hash,
-          block_number: 4,
-          token_contract_address_hash: token.contract_address_hash,
-          value: Decimal.new(200)
-        },
-        %{
-          address_hash: address.hash,
-          block_number: 1,
-          token_contract_address_hash: token.contract_address_hash,
-          value: Decimal.new(100)
-        }
-      ]
-
-      CurrentTokenBalances.insert(Repo, changes, insert_options)
-
-      current_token_balance = Repo.get_by(CurrentTokenBalance, address_hash: address.hash)
-
-      assert current_token_balance.block_number == 4
-      assert current_token_balance.value == Decimal.new(200)
-    end
   end
 end
diff --git a/apps/indexer/lib/indexer/block/realtime/fetcher.ex b/apps/indexer/lib/indexer/block/realtime/fetcher.ex
index f9a6d83cc3..688a0fe9ba 100644
--- a/apps/indexer/lib/indexer/block/realtime/fetcher.ex
+++ b/apps/indexer/lib/indexer/block/realtime/fetcher.ex
@@ -117,13 +117,14 @@ defmodule Indexer.Block.Realtime.Fetcher do
             })},
          {:address_token_balances, {:ok, address_token_balances}} <-
            {:address_token_balances, fetch_token_balances(address_token_balances_params)},
+         address_current_token_balances = TokenBalances.to_address_current_token_balances(address_token_balances),
          chain_import_options =
            options
            |> Map.drop(@import_options)
            |> put_in([:addresses, :params], balances_addresses_params)
            |> put_in([:blocks, :params, Access.all(), :consensus], true)
            |> put_in([Access.key(:address_coin_balances, %{}), :params], balances_params)
-           |> put_in([Access.key(:address_current_token_balances, %{}), :params], address_token_balances)
+           |> put_in([Access.key(:address_current_token_balances, %{}), :params], address_current_token_balances)
            |> put_in([Access.key(:address_token_balances), :params], address_token_balances)
            |> put_in([Access.key(:internal_transactions, %{}), :params], internal_transactions_params),
          {:import, {:ok, imported} = ok} <- {:import, Chain.import(chain_import_options)} do
diff --git a/apps/indexer/lib/indexer/token_balance/fetcher.ex b/apps/indexer/lib/indexer/token_balance/fetcher.ex
index 69a53d8a30..2cc348199f 100644
--- a/apps/indexer/lib/indexer/token_balance/fetcher.ex
+++ b/apps/indexer/lib/indexer/token_balance/fetcher.ex
@@ -108,7 +108,7 @@ defmodule Indexer.TokenBalance.Fetcher do
     import_params = %{
       addresses: %{params: addresses_params},
       address_token_balances: %{params: token_balances_params},
-      address_current_token_balances: %{params: token_balances_params},
+      address_current_token_balances: %{params: TokenBalances.to_address_current_token_balances(token_balances_params)},
       timeout: :infinity
     }
 
diff --git a/apps/indexer/lib/indexer/token_balances.ex b/apps/indexer/lib/indexer/token_balances.ex
index 9371d17d81..4e39997bb0 100644
--- a/apps/indexer/lib/indexer/token_balances.ex
+++ b/apps/indexer/lib/indexer/token_balances.ex
@@ -60,6 +60,16 @@ defmodule Indexer.TokenBalances do
     {:ok, fetched_token_balances}
   end
 
+  def to_address_current_token_balances(address_token_balances) when is_list(address_token_balances) do
+    address_token_balances
+    |> Enum.group_by(fn %{address_hash: address_hash, token_contract_address_hash: token_contract_address_hash} ->
+      {address_hash, token_contract_address_hash}
+    end)
+    |> Enum.map(fn {_, grouped_address_token_balances} ->
+      Enum.max_by(grouped_address_token_balances, fn %{block_number: block_number} -> block_number end)
+    end)
+  end
+
   defp traced_fetch_token_balance_callback(%Spandex.Span{} = span) do
     fn balance ->
       try do