How did the proce get to 100k?
Where did the liquidity come from?
Odd, silo's analysis here.
Should be a range, not a fixed price point at the days.
What's t +5 or t +14 on those prices? Up or down?
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Price at the edges is easily manipulated up or down. I'd argue it's not the real price.
Only real currency can smooth out those effects as price core is more important than short-term fluctuations. Currency is a consequence of use.
That's why we do Monero and some people are offering products based on long-term averages to fully price in Monero. Other people may use this to arbitrage which further stabilises the price trajectory.
50 day, 200 day averages are there for a reason.