When reverting a memory snapshot, swap and zipped values may be observed in the memory statistics.
However, during reverting it, the memory usage of the ESXi does not spike and the ballooning is not activated yet.
VMware vSphere ESXi
This is a rare behavior by the ESXi design that may occur when reverting memory snapshots.
This is expected behavior and not a product defect.
This behavior is specific to memory snapshots and does not occur with offline snapshots