All Entities Invisible (Monsters + Items)

Game breaking issue where ALL entities including monsters, animals, items, and other players are invisible when near the player. Affects all players on the world. When entity is invisible, it may not be interacted with even though it still exists. You can see grass blocks being eaten by animals, showing that they still exist when invisible. Items dropped by monsters or by player become invisible when close and player is unable to pick it up at all. When player is far enough, entities will reappear but constantly flicker in/out of view. Unable to attack monsters when invisible.

Sorry, I do not know how to reproduce this issue or what caused the issue in the first place. World was originally created on the Switch Edition then imported into Bedrock Edition. At least 15 hours of gameplay has been put into the world. 15+ animals within the chunk, along with buildings, farm and only two players. Unable to play the world at all until issue is fixed.