Ctrl+W closes integrated terminal, even with shortcuts blocked

When pressing Ctrl+W in the terminal, it closes the terminal window, even if 'Block global shortcuts' are selected. Other shortcuts such as Ctrl+R are properly blocked.

The expected behavior would be to erase a word on the input line.

Removing the default Ctrl+W shortcut for 'Close' resolves this, but I use this shortcut a lot to close actual editor windows.