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120 million USDT transferred to JustLend DAO, but no loan confirmed

Market News
04 Nov 2026, 11:25 WIB
Tokenpost
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Neutral
120 million USDT transferred to JustLend DAO, but no loan confirmed

A wallet sent 120 million Tether (USDT), worth about $119.86 million, to the decentralized lending platform JustLend DAO. This transfer does not confirm that a loan was taken out or reveal any details about the sender's borrowing status. JustLend DAO allows users to supply crypto assets and borrow against them, but the transaction alone does not clarify the wallet's position or intentions. Further information is needed to understand the implications of this large transfer.

A wallet transfer of 120 million USDT to JustLend DAO is notable context for readers. For those following the broader cryptocurrency market, Pluang data as of Nov 04, 2026 15:41 WIB shows strong breadth with 44 of 50 major cryptocurrencies rising. Among these, VeChain (VET) rose 3.60% to Rp105 with 99% buy activity, Axie Infinity (AXS) gained 3.57% to Rp15,564 with 63% buy activity, and Aave (AAVE) increased 3.56% to Rp2,392,386 with a near-even buy/sell split.

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