Steps to reproduce:
1. Open the attached "Hopeful Dumpster Fire" project
2. Open the "Assets/Scenes/SampleScene" scene
3. Duplicate the "Square" GameObject
4. Move around one of the "Square" GameObjects and observe it’s color change
5. In the Hierarchy window, expand the "Grid" GameObject and enable the "Renderer" GameObject
6. Move around the "Renderer" GameObject
7. Observe the results

Expected results: The "Square" GameObject's color changes only when it is moved around
Actual results: One of the "Square" GameObjects' colors change when the "Renderer" GameObject is moved around

Reproducible with: 2022.3.20f1, 2023.2.13f1, 2023.3.0b10
Could not test with: 2021.3.35f1 (Object node does not have the World Bounds Min property as it was added in the 2022.3 stream)

Reproducible on: Windows 11 Pro
Not reproducible on: No other environments tested

Notes:
- Reproducible in Editor and Standalone Player
- This only affects one “Square” GameObject at a time and when the affected GameObject is disabled, the issue starts affecting the next “Square” GameObject