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Regardless of that, the assumption is too big to be considered legit. It could also be Kaido's Conqueror Haki applied to his Divine Thunder instead of actual Electricity Manipulation.
Whenever Conqueror Haki users' clash with each other, it seem causes a rippling or shock wave effect cracking the air. The shockwave produce from it are powerful enough to blow away people standing near them.
Example being this, this and this.
Also, I don't think it was confirmed that Kaido has Conqueror Haki or am I mistaken.