That happened to me, and in my opinion and experience:
. Now you're competing with other managers for managerial roles
. The way you sell yourself for a managerial role is different, and in some ways a lot harder, than an individual contributor
. You have the option of gunning for 'lead' roles that aren't necessarily managing staff. That's what I do.
. You also have the option of architect roles, which is also what I do.
You're a higher tier employee now, and you're now competing with others of that tier level. While for most of us it's actually harder, not easier, to find roles that match, the plus side is there's a reputation and comp upside.
The exception to the last paragraph are those that constantly broadcast on social media and make a name for themselves that way and doing presentations at conferences, etc. Not my cup of tea, personally.
These are folks who get hired by BigCos as "Evangelists". They're not gunning for the same roles that you are.
Oh hey... the system just works! : )