How to reproduce:
1. Open the user-attached project “HDRBug”
2. Open the scene “SampleScene”
3. In the Hierarchy, under the GameObject “Group” select all GameObjects “Drag Me”
4. Drag the GameObjects to the bottom of the Hierarchy
Expected result: The GameObjects are moved instantly
Actual result: The Editor is frozen for a few seconds and then the GameObjects are moved
Reproducible with: 2021.3.15f1, 2021.3.21f1, 2022.2.0a17, 2022.2.12f1, 2023.1.0b8, 2023.2.0a7
Not reproducible with: 2020.3.46f1, 2021.3.14f1, 2022.2.0a16
Reproducible on: Windows 11 Pro