Beautiful photograph.
Because of the dynamic range, I produced three exposures from the raw - +2.60, 0.00, and -1.34. These were blended with enfuse and then into GIMP for some minor adjustments.
I was so enamored with the basic image, here’s a rendition of ‘no-processing’, e.g. only black subtract, white balance, demosaic, and scaling the data to what would eventually be black and white. Oh, and the sRGB color and ~2.2 gamma tone applied at export:
This is usually where I start editing. Now, disclosure, my default proof processing applies a default filmic curve; if that doesn’t suit I’ll re-open the raw with the proof processing and modify to taste. With this image for my original rendition, I replaced that proof filmic curve with a log curve, then used a control point curve to shape the tone to taste. I’m doing that more often with high -DR images.
When i first glanced at your edit, I thought it looked over-cooked, but then I started to appreciate the texture of the waves, the painting-feel of your edit. LOVE IT!