Terrible review record
One of our moderators (Community ♦) has been approving terrible edits all over the place; for example, this edit, in which random words were
code formatted. Clearly as a moderator this isn't what we expected from Community, and we should re-evaluate the faith we've put in them!
People believe it's a real moderator
Obviously I know that Community ♦ isn't a real moderator and is a bot that (amongst other things) approves edits when another user edits a suggested edit and marks the original suggested edit as helpful. However, it gives the impression in the edit history that a moderator approved the edit. For example here a user honestly believed Community ♦ was a moderator and so didn't undo some terrible edits, thinking they were "sacrosanct because Community diamond OK'd them".
To avoid this confusion I suggest that the suggested edit screen shows the approval as being by the person who actually approved it (by editing). Making clear that it's a different kind of approve by calling it "Approve by edit".