A whale repeatedly tried and failed, yet doubled down again on a long Bitcoin position, with a position value of nearly $50 million

Odaily Planet Daily News According to Onchain Lens monitoring, whale 0xebe had previously suffered a loss of over $3.4 million on a Bitcoin long position but has now opened a new leveraged long position on Bitcoin. Data shows that the address has recently established a 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 over $260,000.