tl;dr summary: this is not venting, it is condensation coming from the liquid oxygen retention pond.
Starship uses cryogenic liquid propellants, meaning, propellants which are stored well below ambient temperature. Starship uses liquid methane as fuel and liquid oxygen as oxidizer. In order to be liquid at the pressures they are being stored, the liquid methane needs to be cooled down to 111.66 K (−161.49°C; −258.68°F) and the liquid oxygen even further to 90.19 K (−182.96°C; −297.33°F). (Technically, those are the temperatures at atmospheric pressure, inside the tanks, the temperatures can be slightly higher since the pressure is higher, but it's still hundreds of degrees below ambient.)
In fact, SpaceX sub-cools the propellants, making them more dense, which allows them to squeeze more propellant mass into the same tank volume. This means they are probably even colder than those temperatures listed above.
Having those cryogenic propellants meet the plumbing at ambient temperatures without preparation can lead to problems: the pipes and valves can get damaged by being "shock frozen", but even worse, the propellants will flash-boil and expand, thus rupturing the pipes. In order to avoid that, the lines are "conditioned" by first carefully trickling just a little bit of propellant through them, then slowly increasing that flow.
Methane is a potent greenhouse gas and also obviously highly flammable, so that gets captured. But the liquid oxygen that is used for the conditioning typically just gets dumped overboard. However, Starship is so big and the amount of liquid oxygen that gets dumped is so large that the FAA, the EPA, and Texas Fish and Wildlife Service asked SpaceX to install a retention pond where the liquid oxygen gets collected in one place and can boil off.
Warm air can hold more water than cold air. The oxygen that is boiling off in that pond is still extremely cold, which cools down the air above the pond. As a result, the air cannot hold the water anymore, and the water vapor condenses into mist.
So, what you are seeing there is water condensing to mist because of the warm, humid air coming into contact with the extremely cold oxygen above the liquid oxygen retention pond.