3 months ago I dropped most carbs out of my diet except for fruits and veggies. I'm not a no carb guy but a low carb guy now.
Hit the gym 5 times a week on average just as I did before. However, I have made a concerted effort to up my work out intensity just a little.
Went from 204 lbs to 179 lbs and still dropping despite lifts going up. Waist size went from '34 muffin top' to '30 loose'.
So, in a sense I was/am exactly where you're at. Some muscles after many years of lifting all covered up by fat.
It's amazing how much better it looks especially for us 'older' (lol) folks to be on the lean side. I'm 39.
Keep up the good work!