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It would be hard. Even if the disclose the wallet address that was compromised it would be hard to prove that the transfers were not done by the alleged hackers.

I wonder if this is the reason for the drop in btc price lately.

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I believe this incident probably is the reason for the drop in price, along with the incident at Bitomat just before. It's just people reacting to vulnerabilities in the market though, so far there has been no evidence to suggest any of these bitcoins have been sold. If they were to be sold off in bulk then it would cause a much larger crash.

If they were to be sold off in bulk then it would cause a much larger crash.

Is there any reason why they couldn't just sit on them for a couple of month, and then start to sell them off slowly over the space of a few more month

There is no evidence to suggest that these coins have been sold? Has either party divulged the wallet address for the stolen coins?

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