https://bugs.kde.org/show_bug.cgi?id=369349
It is a side effect of rKRITAda5496d843237daefd214a7849d2cad0f818b43b
The option stabilizerSampleSize is set to 50 by default on the Windows build, which limits the stabilizer update rate to 20Hz
One possible way to fix this would be apply the pointer events at a higher rate than the event poll rate so that it updates at a higher framerate.