Just compare the common video to multi-cam of Freddie which is a bonus on the 2nd DVD of Wembley 1986:
common video from 2:23 to 2:28 link
and the same moment multi-cam of Freddie from 2:25 to 2:30 link
It seems that all matches up, but only these 5 seconds don't match up. On the common video Freddie holds microphone in the left hand and on multi-cam at the same moment he holds it in right hand.
Any ideas?
I think we can put this down to a strange choice by the editor, the concert DVD has Freddie spliced in from later in the song, at 2:53 we can see Freddie above the crowd on the big screen doing what he did at 2:17 but from another angle.
Queen cam is what happened, concert DVD has the Editor splicing in the shot of Freddie he liked conducting the crowd twice.