By simultaneous analysis of the on-time distribution and autocorrelation fu
nction of a single working cholesterol oxidase enzyme, a diffusional model
reveals the coupling of conformation change with enzyme action. Active-site
oxidation induces a conformational change that opens the path for substrat
e entry. Its binding, in turn, induces the reverse protein relaxation proce
ss, which tightens the active site, thereby reducing the rate of product re
lease.