When a player is holding an item, the item hovers/is floating from its intended position in the hand. This bug was first found in 1.6.0 on Windows 10 Edition and then rediscovered after the latest update 1.7.0
Edit: This has also been seen on android devices.
Image from itsatrab (Twitter: @bart_ajax)
Update by @unknown:
It seems this bug occurs when one of the skins with non-standard models is used. To reproduce, try using a 'Jesse' skin from the Story Mode Skin Pack.
Linked issues
is duplicated by 7
MCPE-21511
Minecraft Sword Glitch Will appear that u are holding sword under hand in inven or players can see
Resolved
MCPE-21536
When I hold an item is floating in the air instead of being in my hand as well to other mobs.Please fix it also happens at my mcwind10edition.
Resolved
MCPE-21564
Items appear wrong in hand
Resolved
MCPE-21682
The item you hold is too high in inventory.
Resolved
MCPE-21757
Players item (pickaxe, tool, weapon,etc.) Is not in the hand but in the shoulder
Resolved
2 more links
Can confirm this is an ongoing issue with the Android version of the game as well. Same result on an LG X Power (Android 6.0.1) and an HTC 10 (Android 6.0.1).