If the cylinder packings are at fault, there will be hydraulic fluid dripping on the ground where they are leaking. The rod displacement needs to go somewhere. If it can't get back to tank, the bucket is not going to droop.
If there is no external leakage, the leakage must be internal, and MUST return to tank to allow bucket droop. Fluid just passing the cylinder piston won't do it.
Very easy diagnosis.
It is possible that the spool valve leaks between bucket and lift arm cylinders, with the bucket drooping as the arms lift. But the fix is the same. The DCV needs attention.
Your point is incorrect. Actually, the majority of cylinder leaks are internal where the cylinder packing leaks allowing the fluid to go AROUND the piston. Then the piston moves and the bucket (or boom) will droop.
No external leak and no return to the tank needed.
For the OP, the packing is both inexpensive and relatively easy to replace. But it does take large tools and high torque force.