According to on-chain data tracking, there is an interesting recent activity pattern from a large holder. In just three days, this whale completed a full sell-then-buy cycle.

Looking back to January 7th, this whale transferred nearly 790,000 LINK (worth $10.95 million) accumulated earlier into a compliant platform, clearly intending to liquidate. The move was quite decisive, suggesting a specific price point at which they decided to exit.

But the story didn't end there. Just three days later, the situation reversed. This whale made a large purchase of LINK on a major exchange. From yesterday until 17 minutes ago, there were two consecutive transactions: first buying 241,623 tokens, then another 168,560 tokens, totaling $2.22 million. Now, their LINK holdings have exceeded 410,000, with a total value of approximately $5.41 million.

This buy-sell logic is worth pondering. What signals are behind the quick shift from clearing to accumulating? Is it a bottom-fishing move after a price correction, or some judgment about the market's future direction? It can only be said that the operation rhythm of large holders often reflects subtle market changes. For traders following LINK, such on-chain position changes can often provide useful insights.