"Show Full URLs" is glitched with the new favicon button design

ForeverAl

Steps to reproduce:

Enable "Show Full URLs"
Go to any website
Favicon button/partition is glitched onto the full URL

Expected behavior:
The expected behavior is for the favicon button/partition to not affect the Full URL. Appears to only glitch when the “show full url” setting is enabled. Normal url appears to be unaffected.

Orion, OS version; hardware type:
Orion 1.3.0 (8) (WebKit 8615.3.12.10.2), iOS 16.6; iPhone 14 Pro Max

Image/Video:

ForumNinja404

ForeverAl This also happens with a long search query even with full urls disabled.

Dustin

See photo:

Appears on all webpages but curiously not the blank URL bar

Perhaps related to favicons?