I know about acid rest but It's not that. I mean cold water, about 5 C.
In his book about traditional farmhouse methods Garshol mentions this as a relatively common practice among farmhouse brewers. And as with many traditional methods they don't really know why they do that, only that It works. Garshol then comments that this nightlong "bath" lowers PH, but doesn't elaborate further.
I too thought about lacto activity, cold and short enough as to not sour the mash (It's not that easy to do a sour mash) but enough ti lower PH.
Would be useful, or at least interesting, to know the math behind this to effectively and consinstently use it