My system was around 24 GB of RAM and not running much so I rebooted and it went down to 10 GB with one of my production programs running. I normally leave my systems up running for one to two months at a time and reboot when there's an update. It may be that I need to reboot more often though. This is on an M1 Max Studio but I'm also seeing it on my iMac Pro.
It could also be an application but I wasn't seeing this before 15.3.1.
It could also be an application but I wasn't seeing this before 15.3.1.