The only thing that surprises me is that the people buying $100K cards need to turn them into liquid cash so quickly in a market that’s falling and continuing to go down. Most cards are at half their Covid peak or less; one might still make a profit or is very likely to take significantly less of a loss with some patience by holding.
Of course, that assumes there was an actual Covid high sale and the card(s) did in fact change hands, which is an awfully large and generous assumption.
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