Why do most multisig wallets use m/48'/0'/0'/2 as a derivation path ?

BIP44 specifies that change is either a constant 0 for regular addresses and 1 for change addresses. Yet, most wallets use m/48'/0'/0'/2 with a change value of 2 for native segwit. Why?

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Also, why was 48 choosen as the purpose value for multisig wallets?

submitted by /u/sohomang
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