# #ETH Whale's "Stress Test" Lesson Seeing #ENS cancel its L2 plan and directly upgrade, as well as a #ETH whale, after losing 9.63 million, opening a 15x leveraged long position again. This reminds me of the "margin of safety" principle in investing. The whale's actions are reminiscent of risky adding to a losing position after a failed stress test, rather than rational decisions based on value. A decline in market volatility is a good thing, but high leverage is a wealth crusher. Suggestion: Stay away from high leverage and focus on protocol fundamentals improvements (like ENS's reduced gas fees). This is the long-term way to build wealth. 🧠