Unable to replace word with a link due to 100 character limit

I’ve got some links which are a bit long (>120 characters), which I’d really like to use Watched Words to link to.

However, these raise this error:

I can work around this by using a link shortening service (such as the excellent short.io), but it seems a bit arbitrary to have a 100 character limit for this - especially when plenty of naughty websites out there seem to breeze through that limit easily.

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