
According to the post, retail investors now comprise 8% of total trading in the S&P 1500 (broad U.S. stock index) Software & Services sector, double since 2022; similar retail spikes often surface in crypto via perpetual futures (no-expiry leveraged contracts).
Retail participation in software equities is accelerating, with retail investors accounting for a record 8% of total trading volume in the S&P 1500 (broad U.S. stock index) Software & Services sector. The post states this share has doubled since the 2022 bear market. The text also references a 21-day moving average but provides no further detail. Historically, rising retail flow can amplify momentum and short-term volatility across risk assets; in crypto markets, this dynamic often appears through heavy trading in perpetual futures (no-expiry leveraged contracts), though the figures reported here pertain solely to equities.