Susquehanna sets the target price at 575, with on-chain 3x leverage short positions showing a 20% unrealized loss. The long-short battle has been quite lively recently in TSM.

Crypto news: TSMC is expected to raise its advanced-node foundry outsourcing prices by 5% to 10% during large-scale capacity expansion, and it has also disclosed the latest progress on AI chips. Susquehanna today also raised its TSMC target price to $575; TSM’s stock price was boosted and began to repair, with the current contract price at $446 and a 12-hour gain of 1.2%. Yesterday, TSM briefly fell back to around the on-chain long average entry-cost line of $437.5, then rebounded off the bottom and the price recovered to above the cost line, with overall long positions returning to the unrealized profit zone. On-chain, the largest short whale on TSM holds a 3x-leveraged TSM short position with a size of about $1.13 million, 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 about $811,000 (-20%). Its liquidation price is $559.37. On-chain, the large directional short position is about $3.28 million, while the opposing long position is about 13…