Wan's Clarifications on Bitcoin Fund Crises in Hong Kong

Rumors circulating about a potential collapse of a Hong Kong hedge fund related to Bitcoin options trading are sparking intense debate in the industry. Wan, founding partner at Primitive Ventures, cautiously refutes these claims by highlighting several often-overlooked contextual factors.

A Rumor Questioned by the Primitive Ventures Expert

According to information relayed by NS3.AI, Wan clarified that Hong Kong’s tax dynamics and the gradual migration of capital toward compliant channels play a much more nuanced role than simple speculation suggests. The situation of the Asian financial hub cannot be reduced to a mere liquidity crisis or a coverage default. She also pointed out significant shifts in the alignment of Bitcoin trading hours with those of U.S. markets, reflecting infrastructure changes that mirror the evolution of the global ecosystem.

Structural Factors Behind Options Risks

Beyond superficial rumors, Wan provided a technical analysis of the issue. She believes it is highly unlikely that a Bitcoin position would collapse solely due to options selling, except under very specific circumstances. These typically involve excessive leverage or the activation of cross-margin mechanisms that amplify cascading losses. This fundamental distinction is often overlooked by market observers.

By emphasizing these technical and structural realities, Wan helps clear the media fog surrounding alleged fund crises, reminding that understanding actual risks requires a much deeper analysis than surface-level speculation.