'They all do that.' Well most of them after they've been in service 40 years. I think it's fluid getting pushed past the 3-point cylinder's piston ring, by the weight of the rear implement. Or possibly past the 3-point control valve.
On my YM240 I normally have a backhoe mounted that is the maximum weight the 3-point can lift. If I keep it lifted it causes back pressure, and the loader gradually rising in float position, like you described.
With the loader valves at mid position (not float) and as the backhoe gradually moves down over several minutes, I can see pressure rising on a gauge I have ahead of the loader valve input.
I replaced my loader valve because it dribbled. That didn't make any difference in the loader-rising issue, so I don't think the problem is related to the loader valve. Float should allow fluid to flow back to the sump but the pressure from the falling implement seems to block this.
I decided to just live with it, it isn't hard to avoid using float when I don't need it.