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Unstake 15 million THETA, preparing to cooperate with a new custodian.
Theta Network has just withdrawn 15 million THETA from a Validator Node and plans to stake it again with a new custody partner, marking a strategic shift that may aim to enhance security or decentralization for the network.
This move comes as Bitcoin maintains a strong upward trend near the $105,000 mark and is predicted to possibly reach $157,000, according to technical analysis from Blockonomi on June 3, 2025. It is likely that Theta is taking advantage of the favorable market to expand its partnerships.
The secrecy surrounding the identity of the new custodian has sparked speculation about a potential collaboration with a major name, but there is no official data confirming any immediate price impact from this move.