Can a bracelet permanent link fail?

I have been wearing my Planet Ocean daily for about 2 months.
I noticed that the bracelet has become more "wiggly" side to side.
The bizarre thing is that I noticed the permanent links on the 12 o'clock side are all slightly "open", to the point where the fixed segments of the permanent links are all slightly mobile. I tried to take a picture to the best of my ability.
The permanent links on the 6 o'clock side are all tight with no play.

Are the permanent links failing?
For some context, I wear my bracelet loose, such that it slides a bit above and below the bone.
My 12 o'clock side bracelet was also sized quite a few links longer for personal comfort.

Mine does that too.

Not sure if it would completely buckle, but there’s definitely a good amount of give. The pin is held permanently inside the link, so I don’t think we have a problem. I could be mistaken though.

Thanks for sharing.

I guess my concern is whether the pins tend to back out completely, causing the links to fall apart.

If it just loosens a bit and stays that way, I don’t particularly mind. The bracelet is meant to be bashed and rattled around after all.

Yes it can. Happened to an Oris of mine, the bracelet came apart as I was taking the watch off. Oris ended up replacing the entire bracelet under warranty.

I used to wear my watches loose like this. It wasnt until I went to a proper watchmaker who adviced me to wear bracelets tighter as he said wearing the watch loose can prematurely wear out the bracelet and making it janggly.

These should last for many decades with proper care. Key is to keep things clean and to not wear any bracelet too loose to reduce wear and friction.