Oil Slump, Key Insider Selling, & Shifting CFTC Positions

1. Brent and US crude oil futures settled significantly lower by 4.34% and 3.74% respectively.
2. Eli Lilly (LLY.US) insiders plan to sell $343.95 million worth of shares, with Best Buy and Airbnb also reporting large insider sales.
3. CFTC data indicates speculators trimmed 10-year US Treasury futures net short positions and increased 2-year US Treasury futures net short positions, alongside Bitcoin net long.