So I have been doing a bit of circular work for abt a year or two. I keep an eye on my starting rows and haven't had any probs with twisting, although I think the figure 8 might be a moebius strip?
Your yarn might be particularily 'twisty' yarn. This produces (sometimes) more of a |/ instead of a \/ from some knitters' stocking stitch, so it could be the yarn.
The first poster suggested the amount of stiches might be too much on the circ but the second poster said theirs was fine, but I would suggest that it may be the case.
How about trying some different needles? My circs are dodgy brothers brand aluminium and everyone always writes about addi turbos or bamboo or wood needles, and how they are great for different types of yarn. This would make a big difference especially if you have a big project.
Re: needles as well, the join between the needle and the cord on some brands catch the stitches and it would easily produce a bunching.
It's possible the friction or something from the needles are bunching up the yarn as the new stitches are being made. Once the new stitches are on the cord part it's not noticed so much.
Also circs and knitting on the left hand (continental) are big in the US. It could help to try and knit continental...
that's my two cents hope the suggestions help