Wyze does support that card. I am using TeamGroup 256GB High Endurance cards in 15 cams and they record to full capacity.
Wyze Cams will read and write to both FAT32 and ExFAT formatted cards.
Do you have the ability to format the card externally on a computer and change the size of file allocations?
There is some problem with the factory format that was flashed to the card. Another user had this same issue with new cards and solved it with a full reformat and modification of the file allocation size. See this thread:
Also, my V3 Cams only record to full capacity on a 256GB card because they are updated to 4.36.10.xxx firmware with that fix. 4.36.9.139 did not allow that. But, I am not sure that affected the 128GB cards. Keep an eye on the total usage in the app once you get them recording