Well, if it is the boat cover, it should be easy to determine. It all depends on how the cover is draped on the boat. My cover only affects the primary winches on the coaming where the boat cover comes in contact during a wind storm. I've tried to tighten the cover to prevent the chafe, but to no avail. I've seen the chafing action from the inside on multiple occasions while visiting the boat and making inspections during the winter.
Actually, the wind explains why there are multiple wearing circles (there is actually a tear at one of the circles). Wind on the boat cover puts a lot pressure and rubs very hard on the winch, gusts cause the cover to lift and shift the winch cover, then the pressure is repeated. It happens all winter long during multiple wind storms.
Nobody is pouring bleach or chemicals on their winch cover while the boat is covered for the winter. That just doesn't make sense!