A certain whale persists despite repeated setbacks, doubling down on Bitcoin long positions, with position value nearing $50 million

According to Odaily, Onchain Lens reports that whale address 0xebe previously incurred losses of over $3.4 million on a Bitcoin long position. However, the whale has since opened a new leveraged long position. Data shows the address has established a new 5x leveraged long position of 812.46 BTC, with a position value of approximately $49.55 million. The position is currently showing an unrealized loss of more than $260,000.