I would say this is highly oxygenated water... the tank obviously needs filling, ( it's about 4 inches from full ) too busy right now... but with the Tidal hang on back filter, when the tank water level gets too low, they suck air and it gets whipped in the impeller, and looks like this... I've never had swim bladder in this tank, though I hate to admit, this is when this tank gets maintenance... and the filter makes a horrible sucking noise in this state, but this is one of the tanks in the mud room, which we don't spend any time in, I won't let my other tanks go this low, the noise would drive me crazy... but I'd say, at least this water is very highly oxygenated...
