Similar to this bug but not the same.
Whenever you start playing MIDI, and the playhead begins at the same position the MIDI does, the velocity is significantly reduced. Here is the issue in action
EDIT: It appears this might only happen when DAW Sync is on
Mac Studio Sequoia 15.3.2 | Logic 11.1.2 | Scaler3 Control 1.0.2.40304e4
I have had the same issue
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When selecting and deselecting chords in the Main Track, velocity of an individual chord would be reduced. When selecting another chord, the previous velocity would reset and the newly selected chord would experience reduced velocity. This velocity change was not visible in the midi window and was not affected by changing velocity in that window. It was visible in the Main Track chord display and was audible on playback.
Mac Studio M2 Sonoma Ableton Live 12.1 using VST3