That is a very large tumor that has likely outgrown its blood supply and is opening up. You can’t tell what type of tumor it is without aspirating the cells. At this point, the best option is to remove the tumor but it’s so large that this may be difficult but not impossible. I recommend to have this pup seen by the veterinarian as she needs medications to help the bleeding and a mass removal. Best of luck and please feel free to post any additional questions.