Yep. Would be pretty bad software otherwise. Best to set it up so it keeps one monthly, one weekly, and 2-3 daily snapshots. Then you don’t even need to think about it, and it deletes older ones automatically. You can still do manual snapshots, and it won’t delete those.
This is part of my new setup ritual right along uBlock, DDG, and more. Shame that this is the best choice we have for a browser.