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

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

Yesterday, TSM once fell back to near the on-chain long average position cost line of $437.5, then bottomed out and rebounded. The price recovered above the cost line, bringing overall long positions back into profit.

The largest on-chain TSM short whale holds a 3x leveraged TSM short position, with a scale of approximately $1.13 million, an average entry price of $414.28. The current mark price has exceeded its cost line by about 7.7%, with an unrealized loss of approximately $81,100 (-20%), and a liquidation price at $559.37. A large on-chain short position in the same direction amounts to approximately $3.28 million, with a counterparty long position of about $1.37 million.