A mechanically interlocked and self‐complexing molecular ouroboros that incorporates the π‐electron‐rich monopyrrolotetrathiafulvalene (MPTTF) unit and the π‐electron‐poor tetracationic macrocycle cyclobis(paraquat‐p‐phenylene) (CBPQT4+) has been synthesized and characterized. The molecular ouroboros constitutes an interesting class of redox‐active interlocked molecules that is structurally similar to the image of the Serpent biting its own tail, whereas, and towards advanced functionality, its mode of action resembles a wound spring. Electrochemical methods and short timescale UV‐vis‐NIR (NIR: near IR) chemical switching experiments verified the reversible oxidation and reduction of the molecular ouroboros akin to the build‐up and release of tension in a spring. Building out from this concept, it was determined by the time evolution of the 1H NMR and UV‐vis‐NIR spectra, however, that the initially interlocked molecular ouroboros is converted into a linear non‐interlocked state by the employment of an appropriate oxidation–reduction cycle. The oxidation‐induced dethreading process occurs when the dicationic MPTTF2+ unit is kept within close proximity to the CBPQT4+ ring by the circular interlocked structure in order to maintain the electrostatic repulsive force between the MPTTF2+ unit and the CBPQT4+ ring for longer periods of time. The resulting high‐energy, and now tightly wound, interlocked conformation overcomes a steric barrier in many minutes, relaxing thermodynamically to form the lowest‐energy linear state in an irreversible process that would otherwise be kinetically improbable without the oxidation.