The following post contains some SPOILERS for the first episode of What If...?

In the series premiere of Marvel’s What If...?, Peggy Carter becomes a Super Soldier instead of Steve Rogers, and then saves the world from some kind of interdimensional tentacle monster. In the show, we never get a full look at this creature, but there’s reason to believe it’s a specific Marvel villain — one that’s already been rumored to appear as the Big Bad of the upcoming Doctor Strange in the Multiverse of MadnessAnd since both What If...? and the Doctor Strange sequel both involve the multiverse, that got us wondering if perhaps those rumors were true.

So does What If...? set up Doctor Strange 2’s key villain? In our newest What If...? video, we break down the theory and all the clues in this week’s episode. We also try to figure out whether this tentacle monster (AKA Shuma-Gorath) may return on future episodes of What If...? and if he may be the reason that some of the heroes from different What If...? episodes team up to form the rumored “Guardians of the Multiverse.” Watch the video right here:

If you liked that video on the way What If...? has introduced the potential villain of Doctor Strange 2, check out more of our videos below, including all the Easter eggs in the series premiere of What If...?, comparing the visions of the multiverse from Loki and Doctor Strange, and the official explanation of how variants work within the Marvel sacred timeline. Plus, there’s tons more over at ScreenCrush’s YouTube channel. Be sure to subscribe to catch all our future episodes. New episodes of What If...?, premiere weekly on Wednesdays on Disney+.

If you want to try Disney+ for yourself, you can sign up here.

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