Of course, there is a near shutdown or a different state of power consumption with the long press. In my settings menu I set "15 minutes" for standby and "never" for power-off. With this setting the battery charge drops dramatically after a few weeks without reading and the Kobo switches off after 4 weeks at the latest. I have two older Kobos which I switched off manually. And these Kobos still have more than 50 % battery after switching on and after 6 or 8 months of non-use.
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