Dropping 20c shows how inefficient todays IHA and TIM used by manufacturers are and they need to improve there development.
A lot of the temperature difference is caused by number of different materials layers the heat has to traverse and the total thickness of those layers combined.
In stock config the heat conducts through:
The silicon of the die.
The indium solder.
The copper IHS. (I'll ignore the super thin nickel plating)
The thermal interface material.
The copper of the water block
To reach the water to be conducted away.
Delidded in a direct die water block config, the heat conducts through:
The silicon of the die.
The liquid metal thermal interface material
The copper of water block.
To reach the water to be conducted away.
But that's not all, the thinner each layer is the less thermal resistance there is, so while liquid metal thermal paste is slightly less conductive than indium solder, the layer is much thinner so allows more heat transfer, the copper of a direct die water block can also be thinner, as it doesn't need to resist the bending force cause by mounting pressure required in stock config.
There is very little CPU manufactures can do to improve the thermal transfer of the stock config, without going back to naked dies like we had in the late 90s early 2000s, when people would chip or shatter their CPU die installing a heatsink.