Instagram Reiterates That Location Sharing is an Optional Feature
Briefly

Location sharing is disabled by default and can only be enabled at the user's discretion. Users can decide to share their location with a custom list, a Close Friends list, or followers they follow back. When location tagging occurs in Stories, the tagged location is displayed on the map for 24 hours, exclusively to followers. Real-time or live location data is never shared, ensuring privacy and control over location information.
Your location will only be shared if you decide to share it, and if you do, it can only be shared with a limited group of people you choose.
To start, location sharing is completely off. If you do decide to share your location, the three options are a custom list you make, your Close Friends list, or followers you follow back.
If you tag a location in your story, that story will show up on the map for 24 hours. As always with Stories, this only shows the place you tagged to your followers.
It does not share your real-time or live location.
Read at Social Media Today
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