Cache bin is not part of cache ID prefix, could cause collisions

This existed in D7 https://git.drupalcode.org/project/memcache/-/blob/7.x-1.x/dmemcache.inc... and did work to handle the max length of key names

  // Memcache truncates keys longer than 250 characters[*]. This could lead to
  // cache collisions, so we hash keys that are longer than this while still
  // retaining as much of the key bin and name as possible to aid in debugging.
  // The hashing algorithm used is configurable, with sha1 selected by default
  // as it performs quickly with minimal collisions. You can enforce shorter
  // keys by setting memcache_key_max_length in settings.php.
  // [*]https://github.com/memcached/memcached/blob/master/doc/protocol.txt#L47
  $maxlen = variable_get('memcache_key_max_length', 250);

  foreach ($full_keys as $k => $full_key) {
    if (strlen($full_key) > $maxlen) {
      $full_keys[$k] = urlencode($prefix[$k] . $bin) . '-' . hash(variable_get('memcache_key_hash_algorithm', 'sha1'), $key);
      $full_keys[$k] .= '-' . substr(urlencode($key), 0, ($maxlen - 1) - strlen($full_keys[$k]) - 1);
    }
  }

Whoops! It was in the driver class: \Drupal\memcache\Driver\DriverBase::key