>Only the largest and most powerful organizations in the game, alliances, can actually build or fly titans, and they tend to jealously guard them. That really underscores just how big a loss 75 of them is. Such losses cause tectonic shifts in the balance of power.
Additionally, War in EVE is largely about sapping the opponents' morale - it could take months of fighting for hours every night to take a defended region, but if you get the enemy's pilots discouraged and not logging in or avoiding the fighting or even switching to another group then you can win a lot faster. This is called a "fail-cascade" and it's how GoonSwarm (the infamous lead alliance of CFC) won a lot of early wars - key wins cause players and leaders not to log in which makes future fights easier which causes a "rats fleeing a sinking ship" effect.
That's also why the unpaid bill was such a big deal - it would have taken a week or more of victories for CFC to otherwise capture the system.
That said, it's unlikely in this instance that the losers (Pandemic Legion and friends) are going to fall apart as a result - they've gone from "most Titans in the game" to "second or third most Titans in the game", and they've survived and rebuilt from considerably worse losses before - both GoonSwarm and Pandemic Legion have at various points lost everything and been down to a few hundred demoralized pilots but clawed their way back up.
Additionally, War in EVE is largely about sapping the opponents' morale - it could take months of fighting for hours every night to take a defended region, but if you get the enemy's pilots discouraged and not logging in or avoiding the fighting or even switching to another group then you can win a lot faster. This is called a "fail-cascade" and it's how GoonSwarm (the infamous lead alliance of CFC) won a lot of early wars - key wins cause players and leaders not to log in which makes future fights easier which causes a "rats fleeing a sinking ship" effect.
That's also why the unpaid bill was such a big deal - it would have taken a week or more of victories for CFC to otherwise capture the system.
That said, it's unlikely in this instance that the losers (Pandemic Legion and friends) are going to fall apart as a result - they've gone from "most Titans in the game" to "second or third most Titans in the game", and they've survived and rebuilt from considerably worse losses before - both GoonSwarm and Pandemic Legion have at various points lost everything and been down to a few hundred demoralized pilots but clawed their way back up.