LOL, the current is the actual, and the Maximum has been the current/actual. So, yes, why 221W dips with a 130W MAX GPU?? That was the worry !!!
My 3070 115+15W dips up to 175W gaming (Warzone), it also goes downwards, say 75W, just dips here and there.
Sometimes I get a "perfect" gpu power wattage graph in MSI Afterburner, won't dip much at all.
EDIT // Also, I've noticed many times that just after a NVIDIA driver install I get those perfect wattage graphs. Day/reboot after and they're gone, very fluctuating wattage.