Interesting thoughts and theories here.
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I’ve heard that the Magi were thought to be from Persia and Babylon. I also seem to remember hearing that Balthasar is the Latinized form of Belshazzar, which is a Babylonian name.
This from Wikipedia:
In contrast, the Syrian Christians name the Magi Larvandad, Gushnasaph, and Hormisdas. These names have a far greater likelihood of being originally Persian, though that does not, of course, guarantee their authenticity.
In the Eastern churches, Ethiopian Christianity, for instance, has Hor, Karsudan, and Basanater, while the Armenians have Kagpha, Badadakharida and Badadilma.
The phrase from the east is the only information Matthew provides about the region from which they came. Traditionally the view developed that they were Babylonian or Arabs or Jews from Yemen as the Makrebs or kings of Yemen then were Jews, a view held for example by John Chrysostom. The majority belief was they were from Babylon, which was the centre of Zurvanism, and hence astrology, at the time; and may have retained knowledge from the time of their Jewish leadership by Daniel.
Judg. 6: 3, 33
3 And so it was, when Israel had sown, that the Midianites came up, and the Amalekites, and the children of the East, even they came up against them;
33 ¶ Then all the Midianites and the Amalekites and the children of the east were gathered together, and went over, and pitched in the valley of Jezreel.
Judg. 8: 10-11 10 ¶ Now Zebah and Zalmunna were in Karkor, and their hosts with them, about fifteen thousand men, all that were left of all the hosts of the children of the east: for there fell an hundred and twenty thousand men that drew sword.
Ezek. 25: 4, 10
4 Behold, therefore I will deliver thee to the men of the east for a possession, and they shall set their palaces in thee, and make their dwellings in thee: they shall eat thy fruit, and they shall drink thy milk.
10 Unto the men of the east with the Ammonites, and will give them in possession, that the Ammonites may not be remembered among the nations.
The magi were agents of Herod, whether three or not is unknown.