the answer is yes. in CD resolution while the volume is controlled by the WiiM into level 1, while you are connected to an external DAC (doesnt matters how (USB,Toslink, Coax)) the issue is audible. but as I said before, I just bought a pre-amp and currently set the WiiM to fixed volume, and just controlling the volume with the pre-amp. this was solved the issue for me.OK, in this case your issue is probably unrelated to the thread I linked to.
I just noticed that you said the issue was most pronounced at CD resolution and I was speculating if the effect described there might become more obvious at low volume settings.