The slightness of the treble droop might not be so slight. It’s high dependent on the volume setting:If I had to guess, I'd say a combination of very slight treble droop, and/or borderline audible distortion levels.
Which likely means it modulates this dependency with the signal as well. But probably I’m just rehashing what is already mentioned in the topic…
… what I always find disappointing is that after these blind tests show some difference, very little effort is made to figure out what actually caused this. As with Mythbusters, after you busted the Myth, you try to reproduce the results. Was it the distortion? Was it the frequency response (modulation)? If we don’t know we’ve really learned very little from the experiment.