After suffering consecutive losses, whale "0xebe" opened a new position of nearly $50 million in BTC longs.

CoinFeed reported on June 10 that, according to Onchain Lens, the address "0xebe" previously lost over $3.4 million in a BTC long position, and subsequently opened another long position of 812.46 BTC with a leverage of 5x, with a notional position value of approximately $49.55 million.