Some very rough numbers: Twice-weekly injections might give a 50% drop from peak to trough. EOD probably cuts that to 5-10%. Average serum testosterone levels stay about the same at the same dose. For example: suppose with twice weekly injections total testosterone is dropping from a peak of 1000 ng/dL to a trough of 500 ng/dL. After a switch to EOD you might end up with peaks around 790 ng/dL dropping to troughs around 710. A dose decrease of 20% then yields peaks around 630 ng/dL dropping to troughs around 570.
The dose reduction does make sense, particularly if you are trying to reduce side effects of elevated testosterone. The more frequent injections raise the troughs, as mentioned above, such that you can reduce the overall dose without becoming hypogonadal. In the example above the trough with the lower EOD dosing pattern is still higher than with the higher twice-weekly pattern.