I have exactly the same problem with many speakers, including the M106, F206 and F208. I've now bought the F228Be to replace the F208s, and with the F228Be, the need to turn down the volume when music gets busy is gone. The sound is so calm, sometimes almost boring. But that's how it should be.
My AKG K812s had the same problem with the stock cable. After upgrading to a 3rd party cable, it sounds far more calm, but a little boring. It's just what happens when you remove things that should not be there. I like to compare it to bloated lows with cheap speakers. When you've never heard a good speaker, you feel like you're missing something if the lows are tight.
I wanted to update this message because after another week of playing, the F228s sound more fun and they throw a very good soundstage. A pretty big upgrade from my F208s. There's also a realism that was missing in the old speakers, as if the sharp edges are gone compared to the F208.
Every loudspeaker that I bought new had to play 100/200 hours before they begin to sound good, no placebo. I also had this with the M106s in the past. Compared to my old monitor speakers, they sounded boxy. Sounds stayed in the speakers. Now they sound as big as my old monitors, so don't judge speakers/headphones straight out of the box.
Negative side effect of the new Revel series sounding so good is that I now also have to upgrade my m106s to the m126s