Gold just slipped below $4,000 for the first time in 95 days.

Mlm onchain (@mlmonchain), Oct 23, 2026, 02:19 UTC

Gold just slipped below $4,000 for the first time in 95 days. On Hyperliquid, 85% of the 5,900 wallets trading gold are long, while only 15% of all gold positions (both long and short) are in profit. The longs have an average entry price of $4,197 and a combined unrealized loss of $8.2M.

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