Base Vault Drained of About $6 Million in Aave Deposit Tokens
A Base vault was drained in a series of token outflows, with the amount described as about $6 million in several updates and about $2.02 million in an earlier one. The transfers included 1,783 wstETH-related tokens and redemptions through Aave V3, and some funds later moved toward Ethereum through bridge withdrawals.
What this rests on
What it means
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In practice, the incident changed the visible path of the funds: withdrawals were followed by redemptions into wstETH, and some of the proceeds later moved through bridge withdrawals toward Ethereum. That left the vault with a large amount still inside it, while the token movement itself continued to be the observable behavior.
Market reaction
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Crypto Briefing
context
Thefts of a similar size
| When | What happened | Figure |
|---|---|---|
| 2.6 years ago | Remilia incident | $6M |
| 3.0 years ago | Coins.ph incident | $6M |
| 3.8 years ago | LendHub · Incorrect Share Accounting incident | $6M |
| 3.8 years ago | LendHub incident | $6M |
| 4.0 years ago | FTX & 3Commas incident | $6M |
4197 incidents stored · 459 were as large as this one or larger ($6M)