I logged out of my world, when I logged back in I suffocated in a well and lost all my diamond armour and tools.... I don't know much about the issue, but hope this information was useful. Btw I raged and deleted a lot of worlds that I have made some decent progress in due to bugs and I know that bedrock developers mainly focus on older bugs than the newer ones, but please fix this issue.
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Thank you for your report!
We're actually already tracking this issue under MCPE-42310 so I've requested this report be resolved and linked as a duplicate.
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