What you see here (apart from the overexposure) is known as parallax error, caused by the fact that as you rotated the camera, the posotion of the entrance pupil (which is the projected location of the aperture) changed. Therefor the scenery has been captured from slightly different angles, causing the relative position of objects change in the frames.
If you make a search for parallax, you find all possible information and more, even on this forum.
If you see nodal point, then you are on the right place. That is the incorrect but widely used term for the ominous point (the correct one being entrance pupil).