See this article that explains: http://www.idownloadblog.com/2017/11/14/ios-11-2-control-center-wi-fi-bluetooth- splash-screens/
Essentially, tapping the WiFi or Bluetooth icons once in the control center will now just temporarily disable the wireless radio functions. It will show a greyed out version of the icon and the device will still be able to connect to features like AirDrop, Personal Hotspot, location accuracy, Apple Watch, Apple Pencil, Personal Hotspot and Handoff.
If the user wishes to completely turn off all wireless radio functions, they must go to the Settings and turn them off there.
Personally, I think that Apple should at least look into the option of providing a feature in the Settings for WiFi and Bluetooth that would allow you to choose if you A) want this function of temporarily disabling wireless radio or B) Allowing the control center to disable all wireless radio functions (like it was before the iOS 11.2.1 upgrade)