Garmin 265 battery life dropped significantly

I got this watch two months ago, and the battery life has been excellent—lasting 6 to 7 days, depending on how actively I use it. However, over the past two days, the battery has been draining about 4 to 5 times faster. Now, it only lasts around 1.5 days. Last night alone, it used up about 40% of the battery.

I haven’t changed any settings, and there hasn’t been a recent firmware update. I'm still using the default settings: the screen is not always on, and Pulse Ox is turned off. It almost feels like the battery is starting to fail.

Does anyone have suggestions on what might be causing this or how I can diagnose what's draining the battery?