Expectations of a price hike for TSMC’s advanced process technology are heating up, with TSM prices rebounding after touching the on-chain long position cost moving average.

According to Hyperinsight’s monitoring, TSMC is reportedly set to raise its advanced process foundry prices by 5% to 10% during its massive capacity expansion, and will disclose the latest progress on AI chips. Susquehanna also raised TSMC’s price target to $575 today, boosting and recovering TSM’s stock price. TSM contracts on the Hyperliquid platform are currently trading at $446, up 1.2% in 12 hours. TSM briefly dipped near the on-chain long positions’ average entry cost of $437.5 yesterday before rebounding, recovering above the cost line and putting overall long positions back into positive territory. The largest on-chain TSM short whale 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% above its cost line, resulting in an unrealized loss of roughly $81,100 (-20%), and its liquidation price stands at $559.37. Total on-chain aligned short positions amount to around $3.28 million, while opposing long positions are approximately $1.37 million. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903