Entities are invisible when joining/teleporting to areas outside spawn chunks

The bug

If a player joins the world or teleports to an area outside of spawn chunks, all of the entities in that chunk will be invisible. Other chunks are not affected.

Steps to reproduce

1. Teleport outside of the spawn chunks

   /tp 10000 80 10000
   

2. Enable chunk borders (F3+G) for testing
3. Place an armor stand in two chunks
   
4. Leave the world standing in one of these chunks
5. Rejoin the world
   → Notice the entity in the chunk you joined is invisible