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Less than 1% of all species that have been described have been studied beyond simply noting their existence. The vast majority of Earth's species are microbial. Contemporary biodiversity physics is "firmly fixated on the visible [macroscopic] world". For example, microbial life is metabolically and environmentally more diverse than multicellular life (see e.g., extremophile). "On the tree of life, based on analyses of small-subunit ribosomal RNA, visible life consists of barely noticeable twigs. The inverse relationship of size and population recurs higher on the evolutionary ladder—"to a first approximation, all multicellular species on Earth are insects". Insect extinction rates are high—supporting the Holocene extinction hypothesis. 

What rate supports the Holocene extinction hypothesis?
Insect extinction rates