TSMC's advanced process price hike expectations heat up, TSM price rebounds after touching on-chain bullish cost average line

Odaily Planet Daily News According to Hyperysight monitoring, TSMC is reported to raise its advanced process foundry prices by 5% to 10% during a large-scale production expansion and disclosed the latest progress in AI chips; Susquehanna today simultaneously raised its TSMC target price to $575, boosting the TSM stock price. The TSM contract on the Hyperliquid platform is currently priced at $446, up 1.2% in 12 hours.

TSM briefly fell back to around the on-chain average bullish entry cost line of $437.5 yesterday, then bottomed out and rebounded, with the price recovering above the cost line, bringing overall long positions back into profit territory.

The largest TSM short whale on-chain holds a 3x leveraged TSM short position, worth approximately $1.13 million, with an average entry price of $414.28. The current mark price is about 7.7% higher than its cost line, resulting in an unrealized loss of approximately $81,100 (-20%), with a liquidation price at $559.37. There are other large short positions on-chain totaling about $3.28 million, with counterparty long positions at around $1.37 million.