Parallels keeps shutting down my Windows 11 VM

Setup:
Apple Silicon
Parallels Pro 20.4.0
Windows 11 for ARM VM, updated to latest Windows updates/release
8 vCPUs, 24GB RAM for the VM (my machine has 14 cores and 48GB RAM)

I have been having this pesky problem. I leave my Mac running all the time and most of the time I leave the VM running or suspended. Lately, more often than not, I come back to find the VM off and I have to start (rather than unsuspend) it and there is no error or anything that says it was shutdown for whatever reason. Just the machine switched off without any errors on the Mac OS/Parallels side nor on the Windows side.

It is not the host machine/OS running out of resources because I don't have much running on the Mac natively (maybe a browser window, iMessage, etc.). It is not the guest OS running out either. Also when Windows restarts there is nothing to indicate it had bluescreened or anything.

I have used this setup for about 3 months now and the issue started only 1-2 weeks ago and I tried everything possible (reboots, etc.). No outstanding updates for Mac OS, Parallels, or Windows.