GameObject children move un-accordingly when moving the parent GameObject in the Scene View

How to reproduce:
1. Open the attached user project
2. Open Scene “Playground“ (Assets/StarterAssets/ThirdPersonController/Scenes)
3. Select the “Mine“ GameObject and move it around

Expected result: Child GameObjects follow the parent GameObject correctly
Actual result: Child GameObjects move further

Reproducible with: 2020.3.40f1, 2021.3.10f1, 2022.1.17f1, 2022.2.0b8, 2023.1.0a12

Reproduced on: macOS (12.5)