According to @StockMKTNewz, Eli Lilly (LLY) CEO David Ricks filed an open-market purchase of 1,632 LLY shares at an average price of $644.77, totaling about $1.05 million, source: @StockMKTNewz. Form 4 disclosures report insider transactions by officers and directors within two business days and are routinely tracked by traders for signal value, source: U.S. Securities and Exchange Commission. Peer-reviewed research finds that open-market insider purchases, particularly by top executives, are on average followed by positive abnormal returns in subsequent months, source: Journal of Finance (Lakonishok and Lee, 2001) and Journal of Financial Economics (Seyhun, 1986). Equity-crypto linkages matter for digital asset positioning; Bitcoin’s correlation with the S&P 500 increased notably after 2020, implying large-cap equity signals can inform BTC and ETH risk assessment, source: International Monetary Fund research (Adrian, Iyer, and Natalucci, 2022). Traders can monitor LLY price response relative to the filed $644.77 average and watch EDGAR for any additional insider activity to validate momentum, source: @StockMKTNewz and U.S. SEC EDGAR.