Combining the information from the two different videos, if we were working together, we'd look at getting your string arm elbow down for better alignment. There are 3 things that make me suggest this.
First, The alignment of the forces between you and the bow at full draw. If you draw a straight line from your bow hand pressure point to your arrow nock,(freeze the video at full draw and place the edge of a piece of paper on the bow hand pressure point and the arrow nock) then extend it back to the elbow, ideally the elbow will be ON or VERY NEAR that line. Your elbow is significantly above the line. The line is called the draw force line, FYI.
Second, when you release, watch the bow movement. See how it throws the bottom limb forward? Again, IDEALLY, the entire bow should move straight forward towards the target (no rotation).
And finally, the arrow reaction shown in your first video where the porpoising shows up clearly. This reinforces my thinking that there is a downward force on the arrow nock when you release.
I BELIEVE, that IF you can get your string elbow down and on the draw force line, much, if not all, of your porpoising will disappear.
Arne