WETH/COD Pool on Ethereum Loses All $61k Liquidity
An Ethereum-based trading pair involving the COD token experienced a total loss of its initial capital. The event marks the complete disappearance of funds that once totaled over sixty thousand dollars in valuation.
A specific liquidity pool on the Ethereum network has reached zero value after holding significant assets for a period of time. This pair traded WETH against COD tokens before its current state was confirmed as empty.
The Event Details
Monitoring data indicates that this particular venue once supported real trading activity with substantial backing. The total amount available to traders peaked at $61,510 in US dollar terms. That figure represented the maximum capacity for swaps before funds were removed entirely.
The Numbers Behind the Drop
Since that peak moment on June 18, 2026, every single unit of value has been extracted from the contract address 0x7363220280be39ffe1eab9a3962b069d6aaae709. The current health score for this venue is now rated at a low twenty out of one hundred, reflecting its inactive status.
- Initial peak value: $61,510
- Current remaining liquidity: $0
- Total drawdown percentage: 100%
What This Means for Traders
A drop of one hundred percent is not merely a reduction in price; it signifies that the pool no longer exists as a functional market. Any attempt to trade against this pair would fail because there are no assets left on either side of the ledger.
The deployer wallet associated with 0xe61127eb56ebd205af88ee6dc8be58fc14ad53f1 initiated the setup but ultimately saw all funds leave. This situation illustrates how quickly a venue can transition from active to dead without warning.
Readers should note that this specific incident involves only these tokens and does not reflect broader market trends for WETH or COD elsewhere on the chain.