There was an on-chain move today that's worth mentioning.

A whale just withdrew another $13.98 million worth of tokens from several top platforms, bringing their total holdings to $74.83 million.

What's interesting is—
They're not buying the popular coins that everyone is hyping every day. It looks more like they're betting on "the tokens institutions will scoop up in the next cycle."

Let me break down their holdings for you so you can see how sophisticated this allocation is.

**Total holdings: $74.83 million, specific breakdown:**

① LINK: $22.01 million (largest position)
② ETH: $18.29 million (second largest position)
③ ENA: $11.27 million
④ AAVE: $6.02 million
⑤ ONDO: $3.75 million
⑥ PENDLE: $3.60 million
⑦ UNI: $3.26 million
⑧ ARB: $1.30 million
⑨ SKY: $1.18 million
⑩ OP: $0.95 million

Did you notice?

This portfolio structure is basically: **Layer 2 + RWA + AI + DeFi + Oracles + Blue-chip leaders**—the full combo.

This is not short-term speculation;
It's clearly someone mapping out the full bull run route for 2025 in advance.

Let me break it down for you, and you'll see just how clear this logic is.

**1) Top holding: LINK—the "underlying protocol" for institutional capital**

This whale has accumulated 1.62 million LINK, worth $22.01 million.