Blocks not being placed or broken at the crosshair

As seen here https://twitter.com/i/status/1637601189805129728

Placing or breaking blocks is happening apove the crosshair, not at it. This has been happening for me since at least the 1.19.70 update. I don't spend much time in the water, but this has been a big issue on the overworld and in the Nether.