Well, I think that argument could be made for most crashes. If the person was going more slowly, it may not have happened.
Here, it looks like the front end washed out. Going into the turn, the bike was engine braking. At a lean angle like that, especially with a wet road, you don't want to do that -- the front tire has far too much load on it. At that same speed and lean, if he was gently accelerating (enough to keep most [ideally 60%, as per Keith Code] of the weight on the rear tire), he probably would have been fine.
So, not necessarily too fast, but coming in too fast, and not accelerating through the turn.
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