Rosé aged clear

I have a rosé that looks pink when in a carboy however when I pour it in a glass there in no pink hue.

Over time it has gotten lighter and lighter to the point where it is almost a white wine. The wine is 4 years old.

Wondering if this is what normally happens with Rosé wine as it is aged? Not experienced in this area since I normally don't age rosé. Wine tastes fantastic.