Base WETH/openhuman Pool Drops From $56k Peak
The on-chain data reveals that the WETH/openhuman pair on the Base network experienced an immediate and total loss of value. Liquidity fell from a recorded high to near zero within minutes, leaving the pool effectively non-functional for traders.
A specific liquidity pool on the Base blockchain has transitioned from active trading status to complete inactivity. The event centers on a pair involving WETH and an asset known as openhuman. At its height of operation, this venue held substantial capital before suffering a catastrophic reduction in available funds.
The Event Timeline
Monitoring tools detected the anomaly starting at 09:41 UTC on June 16, 2026. The pool contract identified as 0xe9df3c10b91b6977f95ca2e033c3abd63f1e90d5 was deployed by wallet address 0xa61efe8a1d259517caf44c16c0f9a3bac080ce01. Within a short window, the available capital evaporated entirely.
Quantifying the Loss
The financial impact is measured by comparing current reserves against historical peaks. The pool reached a maximum liquidity value of $56,485 before the event occurred. Following the incident, remaining funds dropped to just three dollars. This represents a drawdown percentage exceeding 100% relative to normal operating ranges.
When an impact metric exceeds one hundred percent in this context, it indicates that the amount removed was larger than the total pool size at any given moment before the event. Essentially, every dollar available for trading was extracted or rendered inaccessible instantly.
Risk Indicators
The health score assigned to this asset is currently 16 out of 100, signaling severe distress conditions typical of a drained pool. While on-chain risk flags show as okay based on standard protocols, the liquidity status confirms the venue is effectively dead for new participants.
Traders must recognize that such extreme drawdowns usually signify an exit by developers or malicious actors rather than organic market movement. The sudden shift from a fifty-six thousand dollar pool to near zero leaves no room for arbitrage opportunities, rendering the contract functionally useless despite its prior activity on the Base network.