# Wallet Sends 120 Million USDT to JustLend DAO Lending Platform

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/48380
Published: 2026-11-04T09:25:31.000Z
Updated: 2026-11-04T09:25:31.000Z
Section: Investing

> The transfer was valued at about $119.86 million. It does not establish a loan.

A wallet sent 120 million Tether (USDT), valued at about $119.86 million, to JustLend DAO. The transfer alone does not establish a loan.

JustLend DAO is a decentralized platform where users can supply cryptocurrencies and borrow assets.

It does not establish that the sender borrowed against the tokens or what happened to the wallet's position afterward.