120 film is not perforated. Thus, I am assuming that this is 65mm film that someone or you purchased and is marrying up with some sort of backing paper and winding into very tight rolls. What you are seeing is pressure banding formed because within the ECN film are subtle height differences in the perforation areas which are formed when the film is perforated. These subtle differences are then causing stress bands across the film as the film and paper are being tightly wound. It could also be formed if the sprocket moving the film is too wide or narrow and applying undue stress on the emulsion surface. What is happening is that the fast yellow grains are being pressurized. Backing paper smoothness is critical for not aiding in applying pressure.
The winding affect I am talking about is similar to what people see on their windshield when old wipers become hard where there is a type if skidding across the windshield. With the height differences of the film and roughness of the paper, the skidding between the two is forming pressure. With 500T film, we used to say that if you looked at it the wrong way in the dark, it would pressurize.
If you have any of the 65mm film that has not been spooled, take a snippet of a few inches and cut and process to see if the bands appear on the original unspooled sample. If they do not, then the issue lies in how you are spooling.