Just ordered a ICE2 HV 120 off ebay. I have had one before. Time for some logging data. Break out the old castle link.
Here's a good example of how the measured current and the real current can be significantly different. At only 3.9 volts per cell, you could already be spiking to 120A if the prop is about 120g (?) and spinning to 8000 RPMs, which is about an 86% KvE. You may not see the RPMs, but we know the system will see more volts at some point.
Sometimes we don't see these things because the meter sampling is so slow compared to the switching. But if you calculate the potential using Watts-out (shaft power) it could easily explain it. In this example, it would take 106A just to run the Watts-out, which may only be 80 to 85 percent of the entire power-in.
Even with my A60-7S on 12S with the 20x8, the 69A I see on the meter are low because by the time the Watts meter records the number, I'm already down to 45v, which is only 3.75 volts per cell. What happened when I was still holding 48 volts? The answer is 83A. That's why I have a 95A HV ESC on that setup.
If you have a chance to get the weight of the 23 inch props too, I can fill in the blanks with for the DM5335.