Player animations play too quickly in splitscreen mode

When playing in splitscreen mode, the animations of the other player will play much quicker than they should for you, but your own animations will be fine (What I mean is, your character's animations will be normal to you, but to the player in splitscreen with you, that same animation plays faster than it should.).

Steps to reproduce

1. Eat a food item, punch the air, place a block, do basically anything that causes a character animation.

Observed result

The character animation plays faster (I calculated more than twice as fast as normal) than it should from the other player's perspective. (Yes, even the idle animation.)

Expected result

The speed of the animations in game should be constant for all players.