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By replacing the placeholder gif with a svg and adding width and height to the viewBox, content jumps could be prevented.
As described in:
https://css-tricks.com/preventing-content-reflow-from-lazy-loaded-images/#we-have-a-winner
As for example autoptimize:
https://plugins.trac.wordpress.org/browser/autoptimize/trunk/classes/autoptimizeImages.php#L924