It isn’t doing a very good job at it then. You DO realize how the token works, right?
Regardless of if the price is under 100K, 200K, or over 300K, that gold is STILL in the economy. Sure, Player A that’s trading gold for the token is losing gold, but that gold is now in Player B’s pocket. It doesn’t remove a damn thing.
For it to be a true gold sink designed to remove gold from the game, it would need to be like the original mount. A vendor would need to be selling it at 5M gold. And yes, in that case there are STILL folks that would be trading tokens, but they’d have to eventually send 5M gold into the ether by speaking to a vendor.
As it stands now, none of that gold disappears.