This.

Going from a reasonable job to an unknown is a significant risk, it needs to compensate that risk appropriately.

If I hated my $135k job, I may take a very small pay cut but I'd really have to hate the current place, enough so that I couldn't stand a few months more of searching for something better.

If I like my current role, well that risk premium grows significantly. They'd also have to find me, I'm not actually looking if I like my job.