Is it causing issues? It’s possible that the BMS regulates the voltage to the minimum voltage of the battery pack to keep consistent power output. If it’s causing issues I’d check the resistance of some traces if you’re able to, but you might need a new BMS. Someone else on the forum might know more about components failure in BMSs and be able to point to a specific cause
One or more cells in the battery might be weaker than the others, causing the overall voltage to drop. The BMS might be trying to protect the battery by limiting the output voltage.