...As was the idea since Flash #1. So far as Flash's 3rd issue, Wally doesn't have a secret identity per se, he just doesn't care- but the public in general isn't aware he's the Flash (or aware of "the Flash's real name" if you will).
In Flash #5 (10/87), after moving in from his shabby Brooklyn apartment to a mansion in Southampton, Long Island (bought with some of the lottery money), Wally is surprised by the editorial of a local newspaper, about the town's liability insurance being cancelled since Wally moved in. Enraged, Wally meets the President of the City Council in a nearby restaurant:
City Council President: "(...)The truth is, Mr. West, your realtor was under obligation to tell us that he was selling that property to a super-powered individual(...)"
So there you go. By the time of Flash #5, the hero's identity is no longer a secret to the world at large. But can we say the Flash revealed his identity in that issue? No!
What about the other issues? No- there isn't a specific moment he revealed his identity as the Flash to the world- it was a gradual process since #1. (I'll get to Flash Annual #8's controversial "Year One" tale... and then return to Green Arrow #17, fellow Flash-fans... just hang in there!)
In fact... ever since he finished High School, Wally wasn't very comfortable with his secret identity. Take a look at the 1978 "Dollar Comics" Flash Spectacular (written by Cary Bates). Upon his imminent graduation, Wally chooses to tell his parents he's Kid Flash- and once the ceremony is over, he actually tells Barry (then the Flash) that he is planning to drop his super-hero career once he finishes College!
There are echoes of that story in Secret Origins Annual #2 (again), when Wally recalls a time during the trial of the Flash (when Barry- as the Flash- was in jail for the murder of Professor Zoom) in which he's talking to Barry and says he's quitting being Kid Flash once he's gone to College- that he wants to lead a normal life, lead a family, etc. (Interestingly enough, this same Flash Spectacular featured Jay Garrick, the original Flash, then of Earth-2, revealing his secret identity to the general public in a magazine article for the first time!)
But on to Barry's death & beyond:
Barry, as the Flash, died in the Crisis- but we never got to see his funeral nor anything. Barry's widow Iris Allen's book The Life Story of the Flash (late-1997, written by Mark Waid and Brian Augustyn) doesn't mention a thing about secret identities or Barry's funeral- but (and I'm nitpicking here) there is a picture of a Daily Planet (newspaper) of the time, with the headline, "Flash perishes."
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