I suspect a very large number of AW4s do similar, but only a very small proportion are noticed by their owners. Some may note that there are good days and bad days, but since most people put it on charge every night, and it always lasts through the day, they are not too concerned. There are quite a few threads where AW4 owners have noted variable battery life, but very few where they have linked it to a process causing high usage/standby.
I was relieved to discover my watch going back to normal usage without a restart. Before that I feared that once the mystery process had kicked in it would only be stopped by a restart.
One period of high usage in eight days is not too bad. I am going to continue recording the daily stats.
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Have you done this? What did they say?