Is your blinking steady on/off, or more variable? If variable, the first thing to do is load up an init kit on the AR. Do you still see the flashing? If it goes away, you know it’s specific to a kit or sound settings on the AR.
I’ve seen this plenty with the AR. The AR can have a lot of subsonic stuff going on that you can’t hear, but might see on the meters if envelopes and decay values aren’t kept in check. The trick is finding which voice is causing the problem. Experiment with turning all lfos off, setting all decays low, sustain off, all filters hi-passing. Still see a problem? If that, or initializing the kit doesn’t suss it for you, I’m not sure what to tell you besides revisiting the OT input levels and noise gate.