CryptoRanks

WETH/openhuman Base Pool Loses All $59k Liquidity

Base Published: 5d ago ·

The trading pair between Wrapped Ether and the OpenHuman token experienced a severe reduction in available funds. The total value locked fell dramatically after reaching its highest point before vanishing almost entirely.

A specific liquidity pool on the Base network has undergone a drastic change in status within a very short timeframe. This particular venue for swapping WETH and openhuman tokens held significant capital before losing nearly its entire value to users or external actors.

The Initial Peak

On June 18, 2026 at approximately 01:03 UTC, the pool reached a high point of $59,489 in total liquidity. This figure represented the maximum amount of money available for traders to exchange between the two assets before the event occurred.

The Drop

Following that peak, the situation deteriorated rapidly. By the time monitoring systems flagged the issue, the remaining funds had shrunk from nearly $60,000 down to just three dollars. This represents a drawdown of 100% relative to the previous high.

Risk Indicators

The pool is currently marked as dead with a health score of only 20 out of 100, indicating it should be avoided by traders seeking safety. Despite these extreme metrics showing an empty state, standard on-chain risk flags remain reported as ok.

Technical Details

The event was detected shortly after the initial drop occurred at timestamp 2026-06-18T01:03:19Z. The funds were managed by a deployer wallet identified as 0x54253cbf77dc66512acb813469b71f7307b1b44f. This specific contract address, 0x7d5b45207da04deecf348f8ad98116169c281a8b, now holds negligible value compared to its former capacity.

When a pool drops from such a high level to near zero so quickly, it suggests that the liquidity was removed entirely rather than slowly declining. For anyone holding tokens in this pair or planning to trade there, the opportunity has effectively vanished. The remaining $3 is statistically insignificant for any meaningful transaction.

Traders should note that while risk flags may still show as ok due to automated checks not updating instantly, a 100% loss of liquidity means the pool cannot function normally. This specific incident highlights how quickly capital can disappear on newer chains like Base if developers or malicious actors drain funds.