I think you're getting vrm throttling under heavy load mate.
The ds3p is only a 4 phase board & you're running a water cooler which offers no vrm airflow.
Your circumstances are synonymous with the CPU clocks dropping to 1400mhz , which pushes higher CPU usage & lower GPU usage when monitored & big performance drops.
Bottlenecking yes , but not for natural reasons.
Disable turbocore for starters , it will help but you may well likely need to find a way to cool your vrm setup.