I have tested this and it appears to work across different worlds. It appears that when there is flowing water that takes up at least 1 Y level, when specifically on the north side of the water (Negative Z side, and correct me if I am wrong) you'll experience a visual glitch of being lifter about half a block.

This only works in first-person however, and I know it's visual because like you'll see in these screenshots, my cross-hairs are on one block relative where I am visually but it'll act as if I am facing from where I should be.

Testing it with a friend who is on mobile, it also seems to work there, too.

And of course, this is quite a minor visual bug, but I was just hoping it could be addressed because I have not seem to find anyone reporting on it. Thank you, and have a great day!