High-Frequency buildup at 22kHz with muted AudioTracks

Here you can see the phenomenon with picture attached of it.

Project is started, it is in PLAY.

20 muted audio tracks, no audio signal going through.

Stereo IN also muted.

Voxengo Span (free) placed on the Stereo Out’s insert slot.
It shows a -174 RMS and -174 Peak information.

Also you can see that high-frequency build-up in Span right next to the mouse pointer where it makes a cross.
The build-up is around 22kHz. (The long red vertical line shows the bandwidth limitation of a 44.1kHz session)

Cubase’s Master meter shows the same -174dB Peak Max information.

When project is stopped, then Span shows -200 RMS/Peak. Cubase’s Master meter shows -infinity.

Can anyone confirm?

-DN-