I have no context for this video—it’s from Reddit—but one of the commenters adds some context:

Hey everyone, squid biologist here! Wanted to add some stuff you might find interesting.

With so many people carrying around cameras, we’re getting more videos of giant squid at the surface than in previous decades. We’re also starting to notice a pattern, that around this time of year (peaking in January) we see a bunch of giant squid around Japan. We don’t know why this is happening. Maybe they gather around there to mate or something? who knows! but since so many people have cameras, those one-off monster-story encounters are now caught on video, like this one (which, btw, rips. This squid looks so healthy, it’s awesome)…