The world and appearances of everything looks fine to me. However, when someone else going in my game their water loads pre aquatic update, and it makes it to where they can't see anything once under the water until it is right up in front of them.
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This issue is a Duplicate of MCPE-39539.
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Issues that concern Minecraft (bedrock codebase) should be posted on the Minecraft (Bedrock codebase) project. I've moved your ticket to the correct project.