On-chain monitoring data shows that a large holder has been very active over the past 48 hours. Just 17 minutes ago, this whale bought 168,560 LINK tokens, spending $2.22 million in a single transaction. Looking back a day, the same address purchased another 241,623 LINK tokens on a major exchange. After these two rounds of operations, the whale's current holdings have exceeded 410,000 LINK, with a total on-paper value of $5.41 million.

Interestingly, the story is not over yet. On January 7, three days ago, this whale transferred nearly 790,000 LINK tokens (worth approximately $10.95 million) to a compliant platform for liquidation. In other words, within just a few days, the whale first significantly reduced its holdings, then turned around and bought aggressively—this rapid shift in behavior indicates a very quick change in market sentiment.

As the leading oracle token, LINK's every move can attract market attention. Changes in whale holdings often serve as a market sentiment indicator. Whether this rapid accumulation is a sign of institutional confidence in the future or a short-term strategic adjustment remains to be seen.