On November 13, RealVision co-founder and CEO Raoul Pal stated that the cryptocurrency market has already liquidated all the greedy players and is now trying to crush those who remain hopeful. Yes, it's disheartening, and the process is taking longer than expected, but that's just how it is—this too shall pass, and the spice (liquidity) must flow. Following the 101 crash, Raoul Pal expressed optimism for a V-shaped market recovery, noting that Friday's market had cleared out a significant amount of leverage.