Either way, things aren't supposed to still be in folders, as that's not how Dolphin's Texture Cache works. It should be dolphin/user/load/textures/<GameID>/<GameID>_<texCacheHash>.png for each texture.
OS: Windows 10 64 bit Professional
CPU: AMD Ryzen 5900X
RAM: 16GB
GPU: Radeon Vega 56
CPU: AMD Ryzen 5900X
RAM: 16GB
GPU: Radeon Vega 56
