That and when one directs their attention away from strictly the head in the longer clip, two prominent points trail the “head” hinting at the possibility of a longer body mass underwater. Would I say that it’s Champ? I’m not sure.
Would I definitely say I’ve never seen anything remotely like it? Most assuredly.

I definitely see a living creature but not a vertebrate! The creature seems to display slug-like characteristics that allow it to alter the shape of its head, change the length of its neck and possibly form humps when it contracts its body.

So as a result of this video I am formulating a new theory that large lake cryptids, like Nessie or Champ, if real, are actually gigantic slugs and not air breathing cold/warm blooded vertebrates like long-necked seals or plesiosaurs. This theory would solve the problem of how large creatures can live in cold, low-in-plankton lakes since they could be sedimentary feeders.

Ha ha, actually I just noticed a picture of such a creature to the right of Cryptomundo… see the green photo beside the binoculars and Bigfoot? This theory is more consistent with the facts than conventional explanations

I admit in the first few seconds it does appear to be a deer or moose struggling slowly through the water, but according to Olsen it never came up on land (which it would if it were as tired as we assume), plus later in the video it appears far longer than any moose, and seems to leave an odd wake the entire time (the wake looks like what would come from something moving faster than this, OR from some kind of inefficient propeller).

I like his apparent laugh of disbelief after he zooms in. I would go with hoax (with Olsen as the victim, not perpetrator) before I would call it a dog/deer/moose. So it’s either a hoax or some other unidentified animal (and I’m not buying beaver/otter/seal either as yet). However, Olsen shot this in the early AM on a Sunday– what hoaxer is going to go through all that trouble for a time of day when there might not be anyone around to witness the hoax? It is possible, and my hat is of to some dedicated hoaxers in that case.

I’m taking Olsen at his word that the creature did not come up on land, otherwise I would lean towards moose.

How deep is the water at this point, and how high does that post or piling stand out of the water? What’s the diameter of the piling?

I bet this is a hoax along the lines of those two boys in the movie JAWS that are snorkeling with the fake shark fin. I agree the thing in the water is struggling but not like a live animal would but struggling because whoever is underneath it is trying to manipulate it in the water. As for whether or not the person filming this is in on it could be another story but like the previous poster said why didn’t the person watch it until it hit shore or try to investigate more?

Just my 2 cents!