Just an update for those interested. I finally managed to track the voltage drops using a multimeter across a few days.

Day0 is 4.14V with Day7 at 3.648V. I noticed the voltage drops of around 0.04V from Day0 to Day4 then a spike to 0.1V from Day5 (around 3.85V reading) and onwards.

Asked Hank about it and he said it’s normal and recommended to loosen the end cap a bit to remove any parasitic drain, which I’m now doing.