As far as features are parametric, you should reorder the hole feature as @cowski1 mentioned.
There is a workaround for the same. But seems that it works only in a specific way (If hole depth reduces due to move face command. Limitation??). After using the move face command, either do 'Update for External Change' or 'Feature Playback'. This will also work if faces of the threaded hole are moved. Thread arc will get update after feature playback/update for the external change.
Testing: NX 11 | NX 12 | TCIN
TC 11.2 | TC Vis 11.3 | AWC 3.2