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Hyper Diamond Lvl5 is obtainable from the Jewelry Store Robbery, in order to get a lvl5 one, you need to have a lvl4 hyperchrome in your inventory.
While Diamond LVL5 can still receive decent offers and overpays in downgrades, its hype is now completely dead, and its being overshadowed by the Beignet and Thrusters, as those are simply outperforming it, its not accurate to have it at the same demand as those items, therefore a demand drop is necessary.
While duped Diamond LVL5 can still get decent offers, it has visibly peaked and the hype has mostly died out. It no longer gets the same overpays as it used to, and should therefore be dropped to average demand, to better reflect how it currently performs.
Supply is widely distributed — no single holder owns enough to register as a hoarder.