Finally I found a thread about this topic with similar behaviors that really got me upset for months. I have been testing 2 mac mini M1, 1 macbook 14 m1 pro and now a mac studio m1 max with LG 35wn65b and I can't get the sleeping mode work properly. The monitor wakes up during the night randomly every 10-15-30 min and I have tried everything: removing all network activities, changing cables from usb-c to hdmi, different docks and even turning off the monitor with some unexpected waking problem like screen in the bottom 1/3 of the monitor or even completely black screen at the point that I had to hard stop my machine. At least I am not alone but if you have any further suggestion please, let me know. Even if I had to switch back to BigSur it would be ok.