How so? It's wrong to assume that stolen coins are sold immediately. In fact, when it comes to such large amounts, it could take months, perhaps years before chunks make it to the spot market. I would say it's quite bullish for the market short term speaking because supply has been taken out of the market.

Obviously, thefts are not a good thing because criminals shouldn't be rewarded for their actions, but price wise it's more bullish than bearish.