diff --git a/apps/indexer/lib/indexer/token_balance/fetcher.ex b/apps/indexer/lib/indexer/token_balance/fetcher.ex
index f8cf8e65a6..426d94f4b2 100644
--- a/apps/indexer/lib/indexer/token_balance/fetcher.ex
+++ b/apps/indexer/lib/indexer/token_balance/fetcher.ex
@@ -80,7 +80,10 @@ defmodule Indexer.TokenBalance.Fetcher do
   end
 
   def import_token_balances(token_balances_params) do
+    addresses_params = format_and_filter_address_params(token_balances_params)
+
     import_params = %{
+      addresses: %{params: addresses_params},
       address_token_balances: %{params: token_balances_params},
       address_current_token_balances: %{params: token_balances_params},
       timeout: :infinity
@@ -97,6 +100,12 @@ defmodule Indexer.TokenBalance.Fetcher do
     end
   end
 
+  defp format_and_filter_address_params(token_balances_params) do
+    token_balances_params
+    |> Enum.map(&%{hash: &1.address_hash})
+    |> Enum.uniq()
+  end
+
   defp entry(%{
          token_contract_address_hash: token_contract_address_hash,
          address_hash: address_hash,
diff --git a/apps/indexer/test/indexer/token_balance/fetcher_test.exs b/apps/indexer/test/indexer/token_balance/fetcher_test.exs
index d8346bbff4..a34bd9c01e 100644
--- a/apps/indexer/test/indexer/token_balance/fetcher_test.exs
+++ b/apps/indexer/test/indexer/token_balance/fetcher_test.exs
@@ -87,5 +87,43 @@ defmodule Indexer.TokenBalance.FetcherTest do
 
       assert TokenBalance.Fetcher.import_token_balances(token_balances_params) == :error
     end
+
+    test "insert the missing address, import the token balances and return :ok when the address does not exist yet" do
+      contract = insert(:token)
+      insert(:block, number: 19999)
+
+      token_balances_params = [
+        %{
+          address_hash: "0xFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF",
+          block_number: 19999,
+          token_contract_address_hash: to_string(contract.contract_address_hash)
+        }
+      ]
+
+      {:ok, address_hash} = Explorer.Chain.string_to_address_hash("0xFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF")
+      assert TokenBalance.Fetcher.import_token_balances(token_balances_params) == :ok
+      assert {:ok, _} = Explorer.Chain.hash_to_address(address_hash)
+    end
+
+    test "import the token balances and return :ok when there are multiple balances for the same address on the batch" do
+      contract = insert(:token)
+      contract2 = insert(:token)
+      insert(:block, number: 19999)
+
+      token_balances_params = [
+        %{
+          address_hash: "0xFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF",
+          block_number: 19999,
+          token_contract_address_hash: to_string(contract.contract_address_hash)
+        },
+        %{
+          address_hash: "0xFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF",
+          block_number: 19999,
+          token_contract_address_hash: to_string(contract2.contract_address_hash)
+        }
+      ]
+
+      assert TokenBalance.Fetcher.import_token_balances(token_balances_params) == :ok
+    end
   end
 end