I can Travel Twice with One Cast of Lightning Warp

If I press the button that I use to activate Lightning Warp, wait until after I teleport, then release the button, I will travel the same distance that I initially traveled, in the same direction, unless that would make me teleport into a pit or something like that, in which case I don't teleport an additional time.
I was in my hideout when I noticed this.
Bug Report Reference Number: 8,823,704,832

I realized that I can sometimes get the same effect by pressing the lightning warp button a second time quickly after I land.