loading – Two loaders on a screen – good interaction pattern?

Recently noticed a micro-interaction on LinkedIn where there were 2 loaders on the same page – different in size and color. They were probably for loading different types of content. Is this a good UX pattern?

How did I land on this state:
Opened notifications tab and pulled down to refresh feed before notifications got loaded.

Maybe this was not an intended interaction, and happened because of 2 types of content loading simultaneously.
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