Wow! Before going to such extremes, try running Disk Utility First Aid while booted in Recovery.
I saw very similar errors to the above, which did seem related to Time Machine having run, while running Big Sur 11.7.
Here's the scenario:
"Time Machine" is a single APFS volume on an external disk, with another identical single-volume APFS disk in the same enclosure; both sharing a TB2 cable to the MBP.
TM had been set to run overnight every 4 days. Perhaps because i don't routinely use the other drive, it wasn't until several days later I'd notice the non-TM drive was not mounted.
Running Disk Utility from normal boot, the non-TM drive had an odd, vaguely-generic name. (Once it was shown as Time Machine!) DU First Aid gave similar errors as you showed above, and that one drive would not mount on re-boot. "Time Machine" drive never had a problem.
Intending to re-format, I first ran Disk Util from Recovery and noticed it correctly reported the disk name, etc. I then ran First Aid on the drive at all levels, which ran without error. After re-booting, that second drive also mounted correctly with it's normal name.
This happened maybe 5 times. Since I knew the work-around, I wasn't too concerned. I chalk it up to a software problem in the OS; rather do the work-around than run Apple's gauntlet. I just installed Monterey, haven’t seen it… yet.
It is not attributable to a drive problem. DriveDX SMART reports no errors, other than the bogus shock events.
=== DRIVE ERROR LOG ===
error log is empty
=== DRIVE SELF-TEST LOG ===
# | LIFETIME (H) | TEST TYPE | PROGRESS | STATUS | LBA of 1st error
1 4771 Extended offline 10% Aborted by host -
2 2368 Short offline 100% Completed without error -
=== DEVICE STATISTICS ===
[0x01] General Statistics (revision 2)
0x08 Lifetime Power-on Resets : 2,839
0x10 Power-on Hours : 5,079 hours
0x18 Logical Sectors Written : 16,639,655,832 (8.5 TB)
0x20 Number of Write Commands : 161,390,899
0x28 Logical Sectors Read : 7,548,700,803 (3.9 TB)
0x30 Number of Read Commands : 276,177,607
[0x02] Free Fall Statistics (revision 1)
0x10 Overlimit Shock Events : 3 (bogus; it once incremented as I watched!!)
[0x03] Rotating Media Statistics (revision 1)
0x08 Spindle Motor Power-on Hours : 4,983 hours
0x10 Head Flying Hours : 3,159 hours
0x18 Head Loaded Events : 5,963
0x20 Reallocated Logical Sector Count : 0 (0 B)
0x28 Read Recovery Attempts : 0
0x30 Mechanical Start Failure Count : 0
[0x04] General Errors Statistics (revision 1)
0x08 Number of Reported Uncorrectable Errors : 0
0x10 Resets Between Cmd Accept. and Compl. : 1
[0x05] Temperature Statistics (revision 1)
0x08 Current Temperature : 32 °C
0x10 Average Short Term Temperature : 33 °C
0x18 Average Long Term Temperature : 33 °C
0x20 Highest Temperature : 45 °C
0x28 Lowest Temperature : 16 °C
0x30 Highest Avg. Short Term Temperature : 41 °C
0x38 Lowest Avg. Short Term Temperature : 27 °C
0x40 Highest Avg. Long Term Temperature : 39 °C
0x48 Lowest Avg. Long Term Temperature : 30 °C
0x50 Time in Over-Temperature : 0 minutes
0x58 Specified Max Operating Temperature : 55 °C
0x60 Time in Under-Temperature : 0 minutes
0x68 Specified Min Operating Temperature : 5 °C
[0x06] Transport Statistics (revision 1)
0x08 Number of Hardware Resets : 10,754
0x18 Number of Interface CRC Errors : 0
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