The basic problem here is that the cambium died along this line because the chop and removal of the branch that would have been poking one in the eye (in this view).
Consequently, there was insufficient auxin flow along this line to keep the cambium alive. With maples, this death typically this happens over winter, the cambium at the periphery grows to close the wound and then the bark over the dead cambium lifts in the course of the following season. Then, in spring one (including bugs looking for cover) notices the loose bark. In brief, the damage was done two seasons ago.
Now, just be patient as the damage will close just like the chop wound. To this end, I do suggest that you apply a wood hardener to the exposed wood as new cambium will not grow over punky wood (it will over just about any hard surface = concrete, epoxy putty, etc.).