Kiya - welcome to the forum!
I don't know the logic behind it, but as others have mentioned there are a good number of eBay sellers who won't budge from their BIN prices that are WAY over market. It gives a bad name to the whole eBay BIN category, which is unfortunate, as I used to list the cards I had to sell on eBay as BINs but haven't listed for a while since many people don't even look there anymore.
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