It is bad because what if they sell their bitcoin.
No price decline yet so which means is that really bitcoins were stolen from that exchange?
Or they already moved their funds long time before now act like they got hacked.
It didn't occur that much since the funds were found already and the hacker tries to use it on Binance while CZ is being alarmed by the social media people, they just froze the account immediately.
cryptopia-hack-binance-freezePrior to that hacking incident but it did not affect the market since it is not
BTC that they stole if you look at the news.
The amounts sent to Binance in question include roughly $7,500 in Metal (MTL) $0.23957 +0.58%, $6,750 in KyberNetwork coin (KNC) $0.13702 +0.16%, $7,181 OmiseGO tokens (OMG) $1.29558 +0.11%, and $8,724 in EnjinCoin (ENJ) $0.03476 +0.41%. All of it totals around $30,000.