Unexpected redirects related to page cache?

Hi,

We are seeing a random redirect on a website similar to an fix described in version 0.13.0 changelog.
Fixed caching of query-string normalization redirects, no longer cached when cache key is normalized by accept querystring arguments, caused redirect loop

e.g. For the URL https://example.com, once in a 1-3 days, the website starts doing a redirect loop to the same URL.
e.g.
https://example.com —> https://example.com?utm_campaign=xyz –loop–> https://example.com?utm_campaign=xyz

This stops if we purge the page cache for homepage.

We are using the latest version of W3TC 2.1.0.
Redis for page cache (Redis DB ID 1).
Redis for object cache (Redis DB ID 2).
For Page Cache, we have specified following as ‘Accepted query strings:’ to optimize the page cache for marketing parameters.

utm_source
utm_medium
utm_content
utm_terms
utm_term
utm_keyword
utm_campaign
utm_campaignname
gclid
dclid
fbclid
adgroupid
network
creative
utm_adset