We have a general panic in most of the markets. If we will see that this would turn into a global crisis - a serious one with drastic unemployment increase, then, of course, many individuals may be forced to sell their portfolio in order to support themselves (instead of increasing demand for cryptos). Still, if we have whales, one big transaction for 150 000 BTC has more influence on the market than 150 000 transactions for 1 BTC.

What we should be worried about are these hackers - such events are harmful to the image of the whole crypto community and are very likely to be an argument for increasing KYC, banning crypto mixers and increased control (indirect centralization) by authorities. This could end in the obligatory annual wallet ownership declaration and obligatory explanation regarding each crypto transfer to and from a particular wallet.